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

The Bullish Flag pattern has been formed on AUDCHF at M30. The lower boundary of the pattern is located at 0.5236/0.5230, while the higher boundary lies at 0.5242/0.5236. The projection of the flagpole is 15 points. This formation signals that the upward trend is most likely to continue. Therefore, if the level of 0.5242 is broken, the price will move further upwards.

The Bullish pennant pattern is formed on the AUDCHF M30 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 0.5242, a further uptrend is possible.

The Bullish pennant pattern is formed on the AUDCHF M15 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 0.5236, a further uptrend is possible.

The Double Top pattern has been formed on AUDCHF M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.5224 is broken, the downward movement will continue.

On the chart of AUDCHF M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.5232; the lower boundary 0.5227; the width of the pattern 5 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 0.5204 level.