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FX.co ★ Actual patterns. Technical analysis and trading recommendations

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2024-05-21T13:31:02
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#NTDOY M30
Double Bottom
The Double Bottom pattern has been formed on #NTDOY M30; the upper boundary is 13.74; the lower boundary is 13.30. The width of the pattern is 44 points. In case of a break of the upper boundary 13.74, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.
2024-05-14T19:01:26
rise fall
#NTDOY M30
Bullish pennant
The Bullish pennant signal – Trading instrument #NTDOY M30, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 13.46, with the prospect of the next move being a projection of the flagpole height.
2024-05-10T17:01:10
rise fall
#NTDOY M15
Bullish pennant
The Bullish pennant signal – Trading instrument #NTDOY M15, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 12.58, with the prospect of the next move being a projection of the flagpole height.
2024-05-10T13:59:59
rise fall
#NTDOY M5
Bullish pennant
The Bullish pennant graphic pattern has formed on the #NTDOY M5 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks out high, is expected to continue the upward trend to level 12.75.
2024-05-08T13:59:10
rise fall
#NTDOY M5
Bearish pennant
The Bearish pennant pattern has formed on the #NTDOY M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 11.72; the projection of the flagpole height is equal to 69 pips. In case the price breaks out the pattern’s bottom of 11.72, the downtrend is expected to continue for further level 11.57.
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