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

The Double Bottom pattern has been formed on #FB M15. Characteristics: the support level 616.64; the resistance level 627.45; the width of the pattern 1081 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 1075 points.

According to the chart of M5, #FB formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 616.64 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -1481 pips.

The Triple Bottom pattern has formed on the chart of the #FB M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 621.38/619.89.

On the chart of the #FB M5 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak, the price will try to break through the resistance level 632.32, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 608 points.

According to the chart of M15, #FB formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 609.07 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -1978 pips.