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

The Bullish Flag pattern has formed on the #FB M5 chart. Its lower boundary passes through 730.60/726.40, while its upper boundary passes through 735.66/731.46. The projected flagpole height is 1269 points. The formation indicates that the uptrend is likely to continue. A break above 735.66 would confirm further upward movement.

The Bullish Pennant pattern has formed on the #FB M5 chart. This is a continuation pattern. If the price closes above the pennant high at 735.66, the uptrend is likely to continue.

The Bearish Flag pattern has formed on the #FB M30 chart, indicating that the downtrend may continue in the near term. A short position may be considered after the price breaks below the pattern low at 712.87.

The Bearish Pennant pattern has formed on the #FB M30 chart. It represents a brief consolidation before the price potentially resumes the prevailing trend. A short position may be considered if the price closes below the pattern low at 712.87.

The Bearish Pennant pattern has formed on the #FB M5 chart. A break below the pennant low at 718.47 would signal a likely continuation of the downtrend. A Sell Stop order may be placed 10 points below the pattern low, with Take Profit set at a distance equal to the height of the flagpole.