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Actual patterns
Double Top
The Double Top pattern has been formed on EURCHF D1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.9565 is broken, the downward movement will continue.
Bullish Symmetrical Triangle
According to the chart of M5, EURCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.9754 and 0.9733 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 21 pips. Outlook: If the upper border 0.9754 is broken, the price is likely to continue its move by 0.9757.
Bearish Symmetrical Triangle
According to the chart of M5, EURCHF formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.9735/0.9746 and upper border is 0.9757/0.9746. The pattern width is measured on the chart at -22 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 EURCHF breaches the lower border, the price could continue its move toward 0.9731.
Double Top
The Double Top reversal pattern has been formed on EURCHF D1. Characteristics: the upper boundary 0.9847; the lower boundary 0.9565; the width of the pattern is 271 points. Sell trades are better to be opened below the lower boundary 0.9565 with a possible movements towards the 0.9525 level.
Double Top
On the chart of EURCHF D1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.9836; the lower boundary 0.9565; the width of the pattern 271 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 0.9525 level.