FX.co ★ Patterns EURCHF | Euro (EUR) to Swiss Franc (CHF) Rate in the Forex market

According to the chart of M5, EURCHF formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 1.0427/1.0437 and upper border is 1.0444/1.0437. The pattern width is measured on the chart at -17 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and EURCHF breaches the lower border, the price could continue its move toward 1.

The Double Bottom pattern has been formed on EURCHF M30; the upper boundary is 1.0463; the lower boundary is 1.0456. The width of the pattern is 8 points. In case of a break of the upper boundary 1.0463, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.

According to the chart of M5, EURCHF formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 1.0486 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -21 pips.

According to the chart of M15, EURCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 1.0512/1.0498 whereas the lower border goes across 1.0478/1.0498. The pattern width is measured on the chart at 34 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 1.0498 is broken, the price could continue its move toward 1.

The Double Top pattern has been formed on EURCHF M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.0475 is broken, the downward movement will continue.

According to the chart of M15, EURCHF formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 1.0483, the lower border is 1.0475. The signal means that a long position should be opened above the upper border 1.0483 of the Bullish Rectangle.

The Triple Top pattern has formed on the chart of the EURCHF M15 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 3, support level -10, and pattern’s width 20. Forecast If the price breaks through the support level 1.0465, it is likely to move further down to 1.0460.

According to the chart of M5, EURCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 1.0482 and 1.0475 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 7 pips. Outlook: If the upper border 1.0482 is broken, the price is likely to continue its move by 1.0493 pips.

The Double Bottom pattern has been formed on EURCHF H1. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 1.0489 is broken. The further movements will rely on the width of the current pattern 42 points.

According to the chart of M5, EURCHF formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 1.0460 – 1.0460 and upper border 1.0471 – 1.0471. In case the lower border is broken, the instrument is likely to follow the downward trend.