Technical analysis
Figures of technical analysis
Pennant

The Pennant pattern is a well-known pattern that is widely used in technical analysis. This figure is regularly found on trading charts of almost all currency pairs.
The development of Pennant on the trading chart indicate continuation of the trend.
Head and shoulders

The "Head and Shoulders" pattern is primarily a reversal pattern. This pattern is formed on the basis of 3 tops or 3 bottoms, moreover the middle top(bottom) higher than the other two.
Double Top

The Double Top pattern is an easily recognizable reversal pattern. This pattern is usually formed near the resistance level and signals a situation on the market when the price fails to break the resistance line two times in a row.
Rectangle

Rectangle - one of the most famous and simple methods of technical analysis in trade. Although it is easy to determine on the charts, this is an important and very strong figure, which is an indicator of the continuation of the trend. Due to the correct recognition of the rectangle, the trader can successfully enter the market.
Triangle

Triangles are among the most popular chart patterns used in technical analysis. This candlestick combination can be found on most financial instruments and on any time frame. Triangles fall under the category of continuation patterns, meaning that it is preceded by the trend, either bullish or bearish one.
Flag

The flag is a model predicting the continuation of the trend. As well as other similar figures of trend continuation, it is formed after a rapid price movement and is similar to a slowdown. When the flat is completed, followed by a continuation of the trend, usually the same strong as the trend before.
Triple Top

Triple top pattern is reversal pattern consisting of three equal highs followed by a break below the support level.
Actual patterns
According to the chart of M30, #Bitcoin formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 104115.57 is likely to encourage a continuation
Open chart in a new windowThe 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 1.1409
Open chart in a new windowThe Double Top reversal pattern has been formed on GOLD M30. Characteristics: the upper boundary 3384.23; the lower boundary 3370.26; the width of the pattern is 1346 points. Sell trades
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