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

The Double Top pattern has been formed on #Bitcoin M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 107378.53 is broken, the downward movement will continue.

The Triple Bottom pattern has been formed on GBPAUD M15. It has the following characteristics: resistance level 2.0859/2.0833; support level 2.0829/2.0822; the width is 30 points. In the event of a breakdown of the resistance level of 2.0859, the price is likely to continue an upward movement at least to 2.0838.

The Triple Bottom pattern has formed on the chart of the #Bitcoin H1 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 109440.14/108246.73.

The Double Bottom pattern has been formed on #Bitcoin M5. Characteristics: the support level 106888.42; the resistance level 107214.56; the width of the pattern 32614 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 36370 points.

According to the chart of M5, #Bitcoin formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 107891.05 – 107891.05 and upper border 108246.73 – 108246.73. In case the upper border is broken, the instrument is likely to follow the upward trend.