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

According to the chart of M30, EURCHF formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.9360 – 0.9360 and upper border 0.9375 – 0.9375. In case the lower border is broken, the instrument is likely to follow the downward trend.

According to the chart of M5, EURCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.9374/0.9371 whereas the lower border goes across 0.9368/0.9371. The pattern width is measured on the chart at 6 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.9371 is broken, the price could continue its move toward 0.9386.

The Bearish Flag pattern has been formed on the chart EURCHF M5. Therefore, the downwards trend is likely to continue in the nearest term. As soon as the price breaks below the low at 0.9362, traders should enter the market.

The Bullish pennant graphic pattern has formed on the EURCHF M5 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 0.9409.

The Double Top reversal pattern has been formed on EURCHF M5. Characteristics: the upper boundary 0.9395; the lower boundary 0.9384; the width of the pattern is 10 points. Sell trades are better to be opened below the lower boundary 0.9384 with a possible movements towards the 0.9369 level.