FX.co ★ Actual patterns. Technical analysis and trading recommendations

According to the chart of M15, NZDCHF formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 0.4804 is likely to encourage a continuation of the downward trend.

According to the chart of M5, NZDCHF formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 0.4804 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -10 pips.

The Bullish pennant graphic pattern has formed on the NZDCHF H1 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks out high, is expected to continue the upward trend to level 0.4868.

According to the chart of M5, NZDCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.4824 and 0.4815 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 9 pips. Outlook: If the upper border 0.4824 is broken, the price is likely to continue its move by 0.4834.

According to the chart of M5, NZDCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.4806/0.4812 whereas the upper border goes across 0.4816/0.4812. 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 NZDCHF will breach the upper border to head for 0.4827.