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The Triple Top pattern has formed on the chart of the EURCHF M15 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 1, support level -7, and pattern’s width 13. Forecast If the price breaks through the support level 0.9303, it is likely to move further down to 0.9291.

The Triple Top pattern has formed on the chart of the EURCHF M15. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 0.9303/0.9310 with the upper limit 0.9316/0.9315; the projection of the width is 13 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 0.9303, the price is most likely to continue the downward movement.

The Bearish pennant pattern has formed on the EURCHF M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 0.9301; the projection of the flagpole height is equal to 7 pips. In case the price breaks out the pattern’s bottom of 0.9301, the downtrend is expected to continue for further level 0.9286.

The Triple Bottom pattern has formed on the chart of the EURCHF M15 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 0.9321/0.9316.

The Triple Bottom pattern has formed on the chart of EURCHF M15. Features of the pattern: The lower line of the pattern has coordinates 0.9322 with the upper limit 0.9322/0.9321, the projection of the width is 14 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 0.9308, the price is most likely to continue the upward movement.