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

According to the chart of M5, EURUSD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 1.1737 and 1.1704 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 33 pips. Outlook: If the upper border 1.1737 is broken, the price is likely to continue its move by 1.1736.

According to the chart of M5, EURUSD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 1.1703 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -37 pips.

The Double Bottom pattern has been formed on EURUSD M30. 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 1.1717 is broken. The further movements will rely on the width of the current pattern 14 points.

The Double Top reversal pattern has been formed on EURUSD M30. Characteristics: the upper boundary 1.1810; the lower boundary 1.1786; the width of the pattern is 24 points. Sell trades are better to be opened below the lower boundary 1.1786 with a possible movements towards the 1.1756 level.

The Double Bottom pattern has been formed on EURUSD M15. 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 1.1810 is broken. The further movements will rely on the width of the current pattern 23 points.