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

The Double Top pattern has been formed on USDCHF M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.8194 is broken, the downward movement will continue.

The Bullish pennant graphic pattern has formed on the USDCHF H1 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks out high, is expected to continue the upward trend to level 0.8243.

According to M5, USDCHF is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 0.8188/0.8185 is broken out, the instrument is likely to move toward 0.8200.

On the chart of USDCHF M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.8195; the lower boundary 0.8182; the width of the pattern 13 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 0.8152 level.

The Triple Top pattern has formed on the chart of the USDCHF M15 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -4, support level -5, and pattern’s width 13. Forecast If the price breaks through the support level 0.8176, it is likely to move further down to 0.8170.