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

According to the chart of M5, SILVER formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 79.19/79.78 whereas the upper border goes across 80.45/79.78. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of SILVER will breach the upper border to head for 79.79.

According to the chart of M15, SILVER formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 79.20/79.79 whereas the upper border goes across 80.45/79.79. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of SILVER will breach the upper border to head for 79.81.

According to the chart of H1, #EBAY formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 89.73 – 89.73 and upper border 92.21 – 92.21. In case the upper border is broken, the instrument is likely to follow the upward trend.

The Bullish pennant graphic pattern has formed on the #GOOG H1 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 332.04.

The Double Top reversal pattern has been formed on #MSFT M5. Characteristics: the upper boundary 479.26; the lower boundary 478.28; the width of the pattern is 98 points. Sell trades are better to be opened below the lower boundary 478.28 with a possible movements towards the 478.13 level.