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

The Triple Top pattern has formed on the chart of the SILVER M30. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 31.78/32.10 with the upper limit 32.23/32.34; the projection of the width is 445 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 31.78, the price is most likely to continue the downward movement.

According to the chart of M5, GBPAUD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 2.0894 and support 2.0853. In case the resistance level 2.0894 - 2.0894 is broken, the instrument is likely to follow the bullish trend.

The Double Bottom pattern has been formed on AUDUSD M5; the upper boundary is 0.6313; the lower boundary is 0.6305. The width of the pattern is 7 points. In case of a break of the upper boundary 0.6313, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.

The Double Top pattern has been formed on SILVER M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 32.10 is broken, the downward movement will continue.

The Double Top reversal pattern has been formed on GBPCHF M5. Characteristics: the upper boundary 1.0810; the lower boundary 1.0791; the width of the pattern is 18 points. Sell trades are better to be opened below the lower boundary 1.0791 with a possible movements towards the 1.0776 level.