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According to the chart of M5, USDCHF formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.8246 – 0.8246 and upper border 0.8262 – 0.8262. In case the lower border is broken, the instrument is likely to follow the downward trend.

According to the chart of M5, USDCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.8180/0.8170 whereas the lower border goes across 0.8156/0.8170. The pattern width is measured on the chart at 24 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.8170 is broken, the price could continue its move toward 0.8185.

According to the chart of M5, USDCHF formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 0.8157 – 0.8157 and upper border 0.8180 – 0.8180. In case the upper border is broken, the instrument is likely to follow the upward trend.

According to the chart of M5, USDCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.8083/0.8098 whereas the upper border goes across 0.8116/0.8098. 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 USDCHF will breach the upper border to head for 0.8113.

On the chart of USDCHF M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.8098; the lower boundary 0.8072; the width of the pattern 26 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 0.8057 level.