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

According to the chart of M5, USDCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.8183/0.8196 whereas the upper border goes across 0.8205/0.8196. 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 0.8211.

The Triple Bottom pattern has been formed on USDCHF M15. It has the following characteristics: resistance level 0.8190/0.8185; support level 0.8169/0.8171; the width is 21 points. In the event of a breakdown of the resistance level of 0.8190, the price is likely to continue an upward movement at least to 0.8195.

The Double Top reversal pattern has been formed on USDCHF H1. Characteristics: the upper boundary 0.8246; the lower boundary 0.8227; the width of the pattern is 21 points. Sell trades are better to be opened below the lower boundary 0.8227 with a possible movements towards the 0.8187 level.

The Double Top reversal pattern has been formed on USDCHF M30. Characteristics: the upper boundary 0.8242; the lower boundary 0.8225; the width of the pattern is 17 points. Sell trades are better to be opened below the lower boundary 0.8225 with a possible movements towards the 0.8195 level.

On the chart of USDCHF M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.8245; the lower boundary 0.8224; the width of the pattern 21 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 0.8209 level.

According to the chart of M30, USDCHF formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 0.8190, the lower border is 0.8156. The signal means that a short position should be opened after fixing a price below the lower border 0.8156 of the Bearish Rectangle.

The Bullish Flag pattern has been formed on the chart USDCHF M5 which signals that the upward trend will continue. Signals: а break of the peak at 0.8186 may push the price higher, and the rise will be the projection of the pole.

The Triple Bottom pattern has formed on the chart of the USDCHF M30 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 0.8190/0.8184.

According to the chart of M5, USDCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.8190/0.8173 whereas the lower border goes across 0.8155/0.8173. The pattern width is measured on the chart at 35 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.8173 is broken, the price could continue its move toward 0.8188.

The Triple Bottom pattern has formed on the chart of the USDCHF H1 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 0.8248/0.8236.