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MT5.com - Actual patterns. Technical analysis and trading recommendations

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2020-09-21
rise fall
EURCAD H1
Double Top
The Double Top reversal pattern has been formed on EURCAD H1. Characteristics: the upper boundary 1.5658; the lower boundary 1.5627; the width of the pattern is 30 points. Sell trades are better to be opened below the lower boundary 1.5627 with a possible movements towards the 1.5587 level.
2020-09-21
rise fall
EURCAD M30
Double Top
On the chart of EURCAD M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.5657; the lower boundary 1.5626; the width of the pattern 31 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 1.5596 level.
2020-09-21
rise fall
EURUSD H1
Double Top
On the chart of EURUSD H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.1871; the lower boundary 1.1830; the width of the pattern 41 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 1.1790 level.
2020-09-21
rise fall
#Bitcoin M15
Triple Top
The Triple Top pattern has formed on the chart of the #Bitcoin M15. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 10884.80/10893.80 with the upper limit 10932.80/10934.80; the projection of the width is 4800 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 10884.80, the price is most likely to continue the downward movement.
2020-09-21
rise fall
EURUSD M30
Double Top
The Double Top pattern has been formed on EURUSD M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.1838 is broken, the downward movement will continue.
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