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The Double Bottom pattern has been formed on GBPCHF M15. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 1.0407 is broken. The further movements will rely on the width of the current pattern 9 points.

According to the chart of M5, GBPCHF formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.0407 - 0.0000 and support 1.0398 – 1.0398. In case the resistance level 1.0398 - 1.0398 is broken, the instrument is likely to follow the bearish trend.

The Double Bottom pattern has been formed on GBPCHF M5; the upper boundary is 1.0403; the lower boundary is 1.0398. The width of the pattern is 5 points. In case of a break of the upper boundary 1.0403, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.

The Double Bottom pattern has been formed on AUDCAD M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 0.9627 is broken. The further movements will rely on the width of the current pattern 7 points.

According to the chart of M5, GBPAUD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.8883/1.8898 whereas the upper border goes across 1.8919/1.8898. 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 GBPAUD will breach the upper border to head for 1.8913.