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

The Bearish pennant pattern has formed on the AUDCHF M15 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 0.5334 is broken through. Recommendations: Place the sell stop pending order 10 pips below the pattern’s low. Place the take profit order at the projection distance of the flagpole height.

The Double Top reversal pattern has been formed on AUDCHF M30. Characteristics: the upper boundary 0.5387; the lower boundary 0.5376; the width of the pattern is 10 points. Sell trades are better to be opened below the lower boundary 0.5376 with a possible movements towards the 0.5346 level.

According to the chart of M5, AUDCHF formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.5387 and support 0.5379. In case the resistance level 0.5387 - 0.5387 is broken, the instrument is likely to follow the bullish trend.

The Triple Top pattern has formed on the chart of the AUDCHF M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 1, support level -1, and pattern’s width 7. Forecast If the price breaks through the support level 0.5380, it is likely to move further down to 0.5371.

According to the chart of M5, AUDCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.5387/0.5383 whereas the lower border goes across 0.5380/0.5383. The pattern width is measured on the chart at 7 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.5383 is broken, the price could continue its move toward 0.5398.