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Actual patterns
Bullish Symmetrical Triangle
The Bullish Symmetrical Triangle pattern has formed on the USDCHF M5 chart. Its lower boundary passes through 0.8131/0.8138, while its upper boundary passes through 0.8146/0.8138. The Bullish Symmetrical Triangle is a continuation pattern and therefore supports a further rise. If confirmed, USDCHF is expected to break the upper boundary and move toward 0.8153.
Double Top
The Double Top pattern has formed on the USDCHF M5 chart and signals a potential reversal from an uptrend to a downtrend. A break below the pattern base at 0.8128 is likely to confirm further downward movement.
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Double Top
The Double Top pattern has formed on the USDCHF M15 chart and signals a potential reversal from an uptrend to a downtrend. A break below the pattern base at 0.8110 is likely to confirm further downward movement.
Head and Shoulders
The Head and Shoulders pattern has formed on the USDCHF H1 chart. The head high is at 0.7921, while the neckline passes through 0.7860/0.7864. The pattern may reverse the current uptrend. A break below the lower neckline anchor may confirm the bearish reversal.
Bullish Symmetrical Triangle
The Bullish Symmetrical Triangle pattern has formed on the USDCHF M5 chart, signaling a likely continuation of the trend. Its upper boundary passes through 0.8105/0.8099, while its lower boundary passes through 0.8094/0.8099. The pattern width is 11 points. When the Bullish Symmetrical Triangle forms during an uptrend, it indicates that the prevailing trend may continue. A breakout above 0.8099 could send the price toward 0.8114.