FX.co ★ Actual patterns. Technical analysis and trading recommendations

The Double Top reversal pattern has formed on the AUDCHF M30 chart. Its upper boundary is at 0.5775, its lower boundary is at 0.5749, and its width is 26 points. A short position may be considered below the lower boundary at 0.5749, with a potential target at 0.5719.

The Head and Shoulders pattern has formed on the AUDCHF M5 chart. The head high is at 0.5752, while the neckline passes through 0.5744/0.5744. The Head and Shoulders signals a potential reversal of the uptrend. A break below the lower neckline anchor may confirm the bearish reversal.

The Bullish Symmetrical Triangle pattern has formed on the AUDCHF M5 chart, signaling a likely continuation of the trend. Its upper boundary passes through 0.5718/0.5711, while its lower boundary passes through 0.5702/0.5711. The pattern width is 16 points. When the Bullish Symmetrical Triangle forms during an uptrend, it indicates that the prevailing trend may continue. A breakout above 0.5711 could send the price toward 0.5726.

The Bullish Symmetrical Triangle pattern has formed on the AUDCHF M5 chart. This is a trend continuation pattern. Its upper and lower boundaries are at 0.5718 and 0.5702, respectively. The pattern width is 16 points. If the price breaks above the upper boundary at 0.5718, it is likely to move toward 0.5726.

The Triple Top pattern has formed on the chart of AUDCHF M15 and signals a possible trend reversal. After the third peak forms, a break below the confirmation support at 0.5674 may confirm the bearish scenario. The projected peak-to-trough width is 4 points.