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

According to the chart of M5, #Bitcoin formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 63661.39 and support 63475.10. In case the resistance level 63661.39 - 63661.39 is broken, the instrument is likely to follow the bullish trend.

According to the chart of M5, #Bitcoin formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 62706.48/63128.43 and upper border is 63728.44/63128.43. The pattern width is measured on the chart at -102196 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and #Bitcoin breaches the lower border, the price could continue its move toward 63128.28.

The Double Bottom pattern has been formed on #Bitcoin M5. 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 63542.20 is broken. The further movements will rely on the width of the current pattern 63351 points.

According to the chart of M15, EURCAD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 1.4611 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -18 pips.

The Bullish pennant signal – Trading instrument EURUSD M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 1.0707, with the prospect of the next move being a projection of the flagpole height.

The Double Top reversal pattern has been formed on #AMZN M30. Characteristics: the upper boundary 180.26; the lower boundary 176.12; the width of the pattern is 463 points. Sell trades are better to be opened below the lower boundary 176.12 with a possible movements towards the 175.82 level.

The Double Bottom pattern has been formed on #MSFT M5. Characteristics: the support level 408.14; the resistance level 410.19; the width of the pattern 205 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 211 points.

According to the chart of M30, NZDCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.5444 and 0.5415 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 29 pips. Outlook: If the upper border 0.5444 is broken, the price is likely to continue its move by 0.5459.

On the chart of the USDJPY 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 157.60, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 20 points.

According to the chart of M15, #PEP formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 180.61 and 173.10 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 751 pips. Outlook: If the upper border 180.61 is broken, the price is likely to continue its move by 176.99.