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The Double Top pattern has been formed on AUDCHF M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.5295 is broken, the downward movement will continue.

The Double Top reversal pattern has been formed on AUDCHF M5. Characteristics: the upper boundary 0.5309; the lower boundary 0.5282; the width of the pattern is 27 points. Sell trades are better to be opened below the lower boundary 0.5282 with a possible movements towards the 0.5267 level.

The Double Bottom pattern has been formed on AUDCHF 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 0.5194 is broken. The further movements will rely on the width of the current pattern 10 points.

The Double Bottom pattern has been formed on AUDCHF M5; the upper boundary is 0.5197; the lower boundary is 0.5192. The width of the pattern is 5 points. In case of a break of the upper boundary 0.5197, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.

The Double Bottom pattern has been formed on AUDCHF H1; the upper boundary is 0.5198; the lower boundary is 0.5165. The width of the pattern is 34 points. In case of a break of the upper boundary 0.5198, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.