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

The Bullish Pennant pattern has formed on the #TWTR M5 chart. This is a continuation pattern. If the price closes above the pennant high at 53.39, the uptrend is likely to continue.

The Bullish Symmetrical Triangle pattern has formed on the #TWTR M15 chart. Its lower boundary passes through 52.61/52.85, while its upper boundary passes through 53.15/52.85. The Bullish Symmetrical Triangle is a continuation pattern and therefore supports a further rise. If confirmed, #TWTR is expected to break the upper boundary and move toward 53.08.

The Double Top reversal pattern has formed on the #TWTR M30 chart. Its upper boundary is at 52.67, its lower boundary is at 49.54, and its width is 313 points. A short position may be considered below the lower boundary at 49.54, with a potential target at 49.24.

The Double Top reversal pattern has formed on the #TWTR M15 chart. Its upper boundary is at 52.67, its lower boundary is at 49.54, and its width is 313 points. A short position may be considered below the lower boundary at 49.54, with a potential target at 49.31.

The Bullish Pennant pattern has formed on the #TWTR M15 chart. This is a trend continuation pattern. If the price breaks above the pattern high at 52.46, the uptrend is expected to continue toward 52.69.