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

According to the chart of M5, GBPCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 1.1002 and 1.0967 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 35 pips. Outlook: If the upper border 1.1002 is broken, the price is likely to continue its move by 1.0999.

On the chart of GBPCHF M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.1008; the lower boundary 1.0998; the width of the pattern 10 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 1.0976 level.

According to the chart of M5, GBPCHF formed the Head and Shoulders pattern. The Head’s top is set at 1.1015 while the median line of the Neck is found at 1.0998/1.0998. The formation of the Head and Shoulders pattern evidently signals a reversal of the upward trend. In other words, in case the scenario comes true, the price of GBPCHF will go towards 1.0983.

On the chart of the GBPCHF 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 1.0994, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 13 points.

On the chart of GBPCHF M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.0968; the lower boundary 1.0947; the width of the pattern 21 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 1.0932 level.

According to the chart of M5, GBPCHF formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 1.0906 – 1.0906 and upper border 1.0920 – 1.0920. In case the upper border is broken, the instrument is likely to follow the upward trend.

The Triple Top pattern has formed on the chart of the GBPCHF M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 1.0906/1.0910 with the upper limit 1.0918/1.0918; the projection of the width is 12 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 1.0906, the price is most likely to continue the downward movement.

The Double Top pattern has been formed on GBPCHF M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.0888 is broken, the downward movement will continue.

According to the chart of M5, GBPCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 1.0893 and 1.0861 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 32 pips. Outlook: If the upper border 1.0893 is broken, the price is likely to continue its move by 1.0894.

The Double Bottom pattern has been formed on GBPCHF M30. 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 1.0810 is broken. The further movements will rely on the width of the current pattern 27 points.