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

The Double Top pattern has been formed on EURCHF M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.9681 is broken, the downward movement will continue.

The Double Bottom pattern has been formed on EURCHF M30. Characteristics: the support level 0.9680; the resistance level 0.9692; the width of the pattern 12 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 11 points.

The Triple Bottom pattern has been formed on EURCHF M15. It has the following characteristics: resistance level 0.9692/0.9691; support level 0.9680/0.9685; the width is 12 points. In the event of a breakdown of the resistance level of 0.9692, the price is likely to continue an upward movement at least to 0.9707.

According to the chart of M5, EURCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.9692 and 0.9683 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 9 pips. Outlook: If the upper border 0.9692 is broken, the price is likely to continue its move by 0.9703.

According to the chart of M5, EURCHF formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 0.9689, the lower border is 0.9680. The signal means that a short position should be opened after fixing a price below the lower border 0.9680 of the Bearish Rectangle.

The Double Top pattern has been formed on EURCHF M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.9691 is broken, the downward movement will continue.

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 0.9820/0.9803 whereas the lower border goes across 0.9791/0.9803. 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 0.9803 is broken, the price could continue its move toward 0.9818.

According to the chart of M15, EURCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.9787/0.9802 whereas the upper border goes across 0.9819/0.9802. 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 EURCHF will breach the upper border to head for 0.9825.

According to the chart of M5, EURCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.9788/0.9802 whereas the upper border goes across 0.9819/0.9802. 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 EURCHF will breach the upper border to head for 0.9817.

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 0.9809/0.9806 whereas the lower border goes across 0.9802/0.9806. 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 0.9806 is broken, the price could continue its move toward 0.9821.