FX.co ★ Actual patterns. Technical analysis and trading recommendations

The Bearish Flag pattern has been formed on the chart #PEP M5. Therefore, the downwards trend is likely to continue in the nearest term. As soon as the price breaks below the low at 140.80, traders should enter the market.

The Bearish pennant pattern has formed on the #PEP M5 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction of the original trend. In case the price fixes below the pattern’s low of 140.80, a trader will be able to successfully enter the sell position.

According to the chart of M15, AUDCHF formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 0.5650 is likely to encourage a continuation of the downward trend.

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 564.51/563.71.

According to the chart of M5, #FB formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 559.81 is likely to encourage a continuation of the downward trend.