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

The Double Top reversal pattern has been formed on AUDCHF M5. Characteristics: the upper boundary 0.6008; the lower boundary 0.6004; the width of the pattern is 4 points. Sell trades are better to be opened below the lower boundary 0.6004 with a possible movements towards the 0.5989 level.

According to the chart of M5, EURJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 169.17/169.25 whereas the upper border goes across 169.33/169.25. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of EURJPY will breach the upper border to head for 169.40.

On the chart of AUDJPY M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 103.64; the lower boundary 103.48; the width of the pattern 16 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 103.25 level.

The Bearish Flag pattern has been formed on EURGBP at M15. The lower boundary of the pattern is located at 0.8591/0.8593 while the upper boundary lies at 0.8591/0.8593. The projection of the flagpole is 4 points. This formation signals that the downward trend is most likely to continue. Therefore, if the level of 0.8591 is broken, the price will move further downwards.

The Double Top reversal pattern has been formed on GBPCHF M15. Characteristics: the upper boundary 1.1414; the lower boundary 1.1405; the width of the pattern is 9 points. Sell trades are better to be opened below the lower boundary 1.1405 with a possible movements towards the 1.1382 level.

On the chart of EURCHF M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.9811; the lower boundary 0.9806; the width of the pattern 5 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 0.9783 level.

The Triple Top pattern has formed on the chart of the NZDCAD M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 0.8239/0.8241 with the upper limit 0.8242/0.8244; the projection of the width is 3 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 0.8239, the price is most likely to continue the downward movement.

According to the chart of M15, EURJPY formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 169.18 – 169.18 and upper border 169.34 – 169.34. In case the upper border is broken, the instrument is likely to follow the upward trend.

The Double Bottom pattern has been formed on #Bitcoin M30. Characteristics: the support level 61090.70; the resistance level 62278.20; the width of the pattern 118750 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 117352 points.

The GBPAUD M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 1.9013, the Neckline and the upward angle are at 1.8999/1.8999. The formation of this pattern can bring about changes in the current trend from bullish to bearish. In case the pattern triggers the expected changes, the price of GBPAUD will go towards 1.8984.