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

The Double Top reversal pattern has been formed on NZDCHF M30. Characteristics: the upper boundary 0.4738; the lower boundary 0.4730; the width of the pattern is 7 points. Sell trades are better to be opened below the lower boundary 0.4730 with a possible movements towards the 0.4700 level.

According to the chart of M5, NZDCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.4730/0.4734 whereas the upper border goes across 0.4738/0.4734. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of NZDCHF will breach the upper border to head for 0.4749.

According to the chart of H1, NZDCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.4739/0.4726 whereas the lower border goes across 0.4709/0.4726. The pattern width is measured on the chart at 30 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.4726 is broken, the price could continue its move toward 0.4766.

According to the chart of H1, NZDCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.4739 and 0.4709 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 30 pips. Outlook: If the upper border 0.4739 is broken, the price is likely to continue its move by 0.4766.

The Triple Bottom pattern has been formed on NZDCHF M5. It has the following characteristics: resistance level 0.4745/0.4741; support level 0.4738/0.4739; the width is 7 points. In the event of a breakdown of the resistance level of 0.4745, the price is likely to continue an upward movement at least to 0.4753.