FX.co ★ Modèles réels. Analyse technique et recommandations de trading
Modèles réels
Double Top
The Double Top pattern has been formed on GOLD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 3262.20 is broken, the downward movement will continue.
Double Bottom
The Double Bottom pattern has been formed on GBPCHF M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 1.0935 is broken. The further movements will rely on the width of the current pattern 7 points.
Bullish Symmetrical Triangle
According to the chart of H1, SILVER formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 33.48/32.16 whereas the lower border goes across 31.20/32.16. The pattern width is measured on the chart at 2282 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 32.16 is broken, the price could continue its move toward 32.20.
Bearish pennant
The Bearish pennant pattern has formed on the EURJPY M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 163.34; the projection of the flagpole height is equal to 41 pips. In case the price breaks out the pattern’s bottom of 163.34, the downtrend is expected to continue for further level 163.19.
Double Bottom
The Double Bottom pattern has been formed on AUDCAD M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 0.8919 is broken. The further movements will rely on the width of the current pattern 26 points.