FX.co ★ Patterns USDCHF | US Dollar (USD) to Swiss Franc (CHF) Rate in the Forex market

The Double Top pattern has been formed on USDCHF H1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.9119 is broken, the downward movement will continue.

On the chart of the USDCHF M15 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 0.9105, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 16 points.

According to the chart of M15, USDCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.9097/0.9113 whereas the upper border goes across 0.9129/0.9113. 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 USDCHF will breach the upper border to head for 0.9136.

According to the chart of M5, USDCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.9128 and 0.9098 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 0.9128 is broken, the price is likely to continue its move by 0.9128.

The Triple Top pattern has formed on the chart of the USDCHF H1 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -7, support level -15, and pattern’s width 25. Forecast If the price breaks through the support level 0.9097, it is likely to move further down to 0.9083.

On the chart of the USDCHF H1 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 0.9097, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 25 points.

On the chart of USDCHF M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.9119; the lower boundary 0.9112; the width of the pattern 7 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 0.9097 level.

On the chart of USDCHF M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.9121; the lower boundary 0.9097; the width of the pattern 24 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 0.9067 level.

On the chart of USDCHF H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.9121; the lower boundary 0.9097; the width of the pattern 24 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 0.9057 level.

On the chart of USDCHF M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.9121; the lower boundary 0.9116; the width of the pattern 5 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 0.9101 level.