FX.co ★ Actual patterns. Technical analysis and trading recommendations

According to the chart of M5, NZDCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.5430 and 0.5418 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 12 pips. Outlook: If the upper border 0.5430 is broken, the price is likely to continue its move by 0.5440.

According to the chart of M30, NZDCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.5438 and 0.5416 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 22 pips. Outlook: If the upper border 0.5438 is broken, the price is likely to continue its move by 0.5458.

According to the chart of M15, NZDCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.5416/0.5428 whereas the upper border goes across 0.5438/0.5428. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of NZDCHF will breach the upper border to head for 0.5451.

According to the chart of M30, NZDCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.5445/0.5428 whereas the lower border goes across 0.5414/0.5428. The pattern width is measured on the chart at 31 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.5428 is broken, the price could continue its move toward 0.5458.

According to the chart of H1, NZDCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.5445 and 0.5415 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 30 pips. Outlook: If the upper border 0.5445 is broken, the price is likely to continue its move by 0.5468.

According to the chart of M30, NZDCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.5444 and 0.5415 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 29 pips. Outlook: If the upper border 0.5444 is broken, the price is likely to continue its move by 0.5459.

According to the chart of M30, NZDCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.5444 and 0.5415 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 29 pips. Outlook: If the upper border 0.5444 is broken, the price is likely to continue its move by 0.5459.

According to the chart of M15, NZDCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.5444/0.5429 whereas the lower border goes across 0.5415/0.5429. The pattern width is measured on the chart at 29 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.5429 is broken, the price could continue its move toward 0.5451.

The Double Top pattern has been formed on NZDCHF H1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.5413 is broken, the downward movement will continue.

The Double Top reversal pattern has been formed on NZDCHF M30. Characteristics: the upper boundary 0.5444; the lower boundary 0.5413; the width of the pattern is 32 points. Sell trades are better to be opened below the lower boundary 0.5413 with a possible movements towards the 0.5383 level.