FX.co ★ Actual patterns. Technical analysis and trading recommendations
Actual patterns
Bearish Rectangle
The Bearish Rectangle has formed on the EURUSD M30 chart and indicates a likely continuation of the trend. Its upper boundary is at 1.1674 and its lower boundary is at 1.1660. A short position may be considered once the price closes below the lower boundary at 1.1660 of the Bearish Rectangle.
Bearish Rectangle
The Bearish Rectangle has formed on the EURUSD M5 chart and indicates a likely continuation of the trend. Its resistance zone is at 1.1667–1.1667 and its support zone is at 1.1660–1.1660. A break below support at 1.1660 is likely to signal a continuation of the bearish trend.
Bearish Rectangle
The Bearish Rectangle has formed on the EURUSD M5 chart. This is a trend continuation pattern bounded by the lower boundary at 1.1660–1.1660 and the upper boundary at 1.1667–1.1667. A breakout below the lower boundary is likely to signal a continuation of the downtrend.
Bearish Symmetrical Triangle
The Bearish Symmetrical Triangle pattern has formed on the EURUSD M15 chart. A break below the lower boundary at 1.1672 is likely to signal a continuation of the downtrend.
Bullish Rectangle
The Bullish Rectangle has formed on the EURUSD H1 chart. This pattern indicates a likely continuation of the trend. Its resistance is at 1.1711 and its support is at 1.1668. A breakout above the resistance zone at 1.1711–1.1711 is likely to signal a continuation of the bullish trend.