TSXV:RECO Technical Analysis

Reconnaissance Energy Africa Ltd. — Technical Analysis & Chart Patterns

Back to RECO

Ten formations appear in RECO's daily price history. A p&f double bottom breakdown completed with a downward breakout on August 18, 2026; a donchian breakout, bearish completed with a downward breakout on August 18, 2026; a triple top completed with a downward breakout on August 18, 2026; a Wyckoff distribution completed with a downward breakout on August 18, 2026; a fair value gap (fvg), bearish completed with a downward breakout on August 20, 2026; a mitigation block, bearish completed with a downward breakout on August 27, 2026; an elliott wave flat correction completed with a downward breakout on September 10, 2026; a p&f double bottom breakdown completed with a downward breakout on September 2, 2026; a doji, dragonfly printed a bullish signal on September 21, 2026; a doji, southern printed a bullish signal on September 21, 2026.

Signal balance Bearish tilt 2 bullish (1) · 3 bearish (6)
Live signals only, weighted by each pattern's measured edge (proven counts double promising, which counts double unproven; confirmed breakouts count full, forming setups, phases and candles half). Trades that already resolved don't vote. 1 signal from negative-edge patterns excluded.

Patterns

last close, adjusted
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BREAKOUT UP
Doji, Dragonfly — Sep 21, 2026 to Sep 21, 2026 · broke out on Sep 21, 2026
BREAKOUT UP
Doji, Southern — Sep 21, 2026 to Sep 21, 2026 · broke out on Sep 21, 2026
BREAKOUT DOWN
Elliott Wave Flat Correction — Jul 21, 2026 to Sep 1, 2026 · broke out on Sep 10, 2026
BREAKOUT DOWN
P&F Double Bottom Breakdown — Aug 31, 2026 to Sep 1, 2026 · broke out on Sep 2, 2026
BREAKOUT DOWN
P&F Double Bottom Breakdown — Jul 24, 2026 to Aug 17, 2026 · broke out on Aug 18, 2026
BREAKOUT DOWN
Mitigation Block, Bearish — Jul 16, 2026 to Aug 27, 2026 · broke out on Aug 27, 2026
BREAKOUT DOWN
Fair Value Gap (FVG), Bearish — Aug 17, 2026 to Aug 20, 2026 · broke out on Aug 20, 2026
BREAKOUT DOWN
Donchian Breakout, Bearish — Jul 20, 2026 to Aug 17, 2026 · broke out on Aug 18, 2026
BREAKOUT DOWN
Triple Top — Jan 14, 2026 to Aug 17, 2026 · broke out on Aug 18, 2026
BREAKOUT DOWN
Wyckoff Distribution — Jan 14, 2026 to Aug 17, 2026 · broke out on Aug 18, 2026
Detected on this chart: P&F Double Bottom Breakdown ×2, Doji, Dragonfly, Doji, Southern, Elliott Wave Flat Correction, Mitigation Block, Bearish, Fair Value Gap (FVG), Bearish, Donchian Breakout, Bearish, Triple Top, Wyckoff Distribution. Subscribe to Pro to see each one drawn on the chart with its trigger price, measure-rule target, stop and simulated trade result.

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