FX.co ★ Modèles réels. Analyse technique et recommandations de trading

The Triple Bottom pattern has formed on the chart of the NZDCHF M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 0.5090/0.5080.

According to the chart of M5, NZDCHF formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 0.5094 – 0.5094 and upper border 0.5102 – 0.5102. In case the upper border is broken, the instrument is likely to follow the upward trend.

On the chart of the NZDCHF M5 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 0.5043, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 6 points.

According to the chart of M5, NZDCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.5039/0.5031 whereas the lower border goes across 0.5019/0.5031. The pattern width is measured on the chart at 20 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.5031 is broken, the price could continue its move toward 0.5046.

According to the chart of M15, NZDCHF formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 0.5019 – 0.5019 and upper border 0.5042 – 0.5042. In case the upper border is broken, the instrument is likely to follow the upward trend.

The NZDCHF M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 0.5042, the Neckline and the upward angle are at 0.5029/0.5031. The formation of this pattern can bring about changes in the current trend from bullish to bearish. In case the pattern triggers the expected changes, the price of NZDCHF will go towards 0.5016.

The Bearish pennant pattern has formed on the NZDCHF M5 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction of the original trend. In case the price fixes below the pattern’s low of 0.4989, a trader will be able to successfully enter the sell position.

The Double Top reversal pattern has been formed on NZDCHF M5. Characteristics: the upper boundary 0.5055; the lower boundary 0.5052; the width of the pattern is 3 points. Sell trades are better to be opened below the lower boundary 0.5052 with a possible movements towards the 0.5037 level.

On the chart of NZDCHF M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.5055; the lower boundary 0.5045; the width of the pattern 10 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 0.5023 level.

According to the chart of M5, NZDCHF formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 0.5043 – 0.5043 and upper border 0.5050 – 0.5050. In case the upper border is broken, the instrument is likely to follow the upward trend.