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Actual patterns
Bearish Pennant
The Bearish Pennant pattern has formed on the EURCHF M30 chart and signals a potential continuation of the existing trend. The pattern low is at 0.9433, and the projected flagpole height is 30 points. If the price breaks below the pattern low at 0.9433, the downtrend is expected to continue toward 0.9403.
Head and Shoulders
The Head and Shoulders pattern has formed on the EURCHF M5 chart. The head high is at 0.9478, while the neckline passes through 0.9471/0.9470. The pattern may reverse the current uptrend. A break below the lower neckline anchor may confirm the bearish reversal.
Triple Bottom
The Triple Bottom pattern has formed on the EURCHF M30 chart. A break above the confirmation resistance at 0.9443 may signal a reversal from a downtrend to an uptrend.
Bearish Symmetrical Triangle
The Bearish Symmetrical Triangle pattern has formed on the EURCHF M30 chart. Its lower boundary passes through 0.9423/0.9435, while its upper boundary passes through 0.9445/0.9435. The pattern width is 22 points. The Bearish Symmetrical Triangle indicates a likely continuation of the downtrend. If EURCHF breaks below the lower boundary, the price could move toward 0.9405.
Bearish Symmetrical Triangle
The Bearish Symmetrical Triangle pattern has formed on the EURCHF M30 chart. A break below the lower boundary at 0.9423 would signal a likely continuation of the downtrend. The projected move corresponds to the pattern width of 22 points.