FX.co ★ Modèles réels. Analyse technique et recommandations de trading

According to the chart of M5, USDCHF formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.7774 – 0.7774 and upper border 0.7797 – 0.7797. In case the lower border is broken, the instrument is likely to follow the downward trend.

The Double Bottom pattern has been formed on USDCHF M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 0.7819 is broken. The further movements will rely on the width of the current pattern 13 points.

According to the chart of M5, USDCHF formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.7811 and support 0.7805. In case the resistance level 0.7811 - 0.7811 is broken, the instrument is likely to follow the bullish trend.

The Double Bottom pattern has been formed on USDCHF M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 0.7808 is broken. The further movements will rely on the width of the current pattern 8 points.

The Triple Bottom pattern has been formed on USDCHF M15. It has the following characteristics: resistance level 0.7837/0.7835; support level 0.7828/0.7826; the width is 9 points. In the event of a breakdown of the resistance level of 0.7837, the price is likely to continue an upward movement at least to 0.7850.