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

On the chart of GBPCHF M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.0677; the lower boundary 1.0657; the width of the pattern 20 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 1.0634 level.

The Double Top reversal pattern has been formed on GBPCHF M5. Characteristics: the upper boundary 1.0676; the lower boundary 1.0657; the width of the pattern is 20 points. Sell trades are better to be opened below the lower boundary 1.0657 with a possible movements towards the 1.0642 level.

On the chart of the GBPCHF M5 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak, the price will try to break through the resistance level 1.0655, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 19 points.

According to the chart of M5, GBPCHF formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 1.0649 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -27 pips.

The Double Top reversal pattern has been formed on GBPCHF H1. Characteristics: the upper boundary 1.0731; the lower boundary 1.0713; the width of the pattern is 18 points. Sell trades are better to be opened below the lower boundary 1.0713 with a possible movements towards the 1.0673 level.