FX.co ★ Modèles réels. Analyse technique et recommandations de trading

According to the chart of M5, GOLD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 4178.08 and 4128.42 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 4966 pips. Outlook: If the upper border 4178.08 is broken, the price is likely to continue its move by 4151.69.

According to the chart of M5, GBPJPY formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 213.24 – 213.24 and upper border 213.49 – 213.49. In case the upper border is broken, the instrument is likely to follow the upward trend.

The Triple Top pattern has formed on the chart of the EURUSD M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 0, support level -8, and pattern’s width 13. Forecast If the price breaks through the support level 1.1452, it is likely to move further down to 1.1452.

On the chart of GBPJPY M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 213.49; the lower boundary 212.41; the width of the pattern 108 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 212.11 level.

On the chart of EURNZD M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.9966; the lower boundary 1.9942; the width of the pattern 24 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 1.9920 level.