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实际图案
Triple Top
The Triple Top pattern has formed on the chart of the GBPCHF H1. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 1.0433/1.0449 with the upper limit 1.0472/1.0476; the projection of the width is 39 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 1.0433, the price is most likely to continue the downward movement.
Triple Top
On the chart of the GBPCHF M30 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak, the price will try to break through the resistance level 1.0433, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 39 points.
Double Top
On the chart of GBPCHF M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.0476; the lower boundary 1.0449; the width of the pattern 27 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 1.0419 level.
Head and Shoulders
According to the chart of M5, GBPCHF formed the Head and Shoulders pattern. The Head’s top is set at 1.0476 while the median line of the Neck is found at 1.0462/1.0463. The formation of the Head and Shoulders pattern evidently signals a reversal of the upward trend. In other words, in case the scenario comes true, the price of GBPCHF will go towards 1.0448.
Bearish Symmetrical Triangle
According to the chart of M5, GBPCHF formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 1.0433/1.0441 and upper border is 1.0448/1.0441. The pattern width is measured on the chart at -15 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and GBPCHF breaches the lower border, the price could continue its move toward 1.0426.
