FX.co ★ Actual patterns. Technical analysis and trading recommendations
实际图案
Bullish Symmetrical Triangle
According to the chart of H1, NZDCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.4969 and 0.4935 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 34 pips. Outlook: If the upper border 0.4969 is broken, the price is likely to continue its move by 0.4992.
Bullish Symmetrical Triangle
According to the chart of M30, NZDCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.4935/0.4952 whereas the upper border goes across 0.4969/0.4952. 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 0.4982.
Bearish Symmetrical Triangle
According to the chart of M30, NZDCHF formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 0.4926 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -51 pips.
Bearish Rectangle
According to the chart of M5, NZDCHF formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.4926 – 0.4926 and upper border 0.4935 – 0.4935. In case the lower border is broken, the instrument is likely to follow the downward trend.
Bearish Rectangle
According to the chart of M15, NZDCHF formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.4926 – 0.4926 and upper border 0.4934 – 0.4934. In case the lower border is broken, the instrument is likely to follow the downward trend.
