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The Triple Bottom pattern has formed on the chart of NZDCHF M5. Features of the pattern: The lower line of the pattern has coordinates 0.5451 with the upper limit 0.5451/0.5450, the projection of the width is 4 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 0.5447, the price is most likely to continue the upward movement.

According to the chart of M5, NZDCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.5430 and 0.5418 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 12 pips. Outlook: If the upper border 0.5430 is broken, the price is likely to continue its move by 0.5440.

According to the chart of M30, NZDCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.5438 and 0.5416 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 22 pips. Outlook: If the upper border 0.5438 is broken, the price is likely to continue its move by 0.5458.

According to the chart of M15, NZDCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.5416/0.5428 whereas the upper border goes across 0.5438/0.5428. 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 0.5451.

According to the chart of M30, NZDCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.5445/0.5428 whereas the lower border goes across 0.5414/0.5428. The pattern width is measured on the chart at 31 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.5428 is broken, the price could continue its move toward 0.5458.