FX.co ★ Patterns NZDCHF | New Zealand Dollar (NZD) to Swiss Franc (CHF) Rate in the Forex market
NZDCHF M5
Double Bottom
The Double Bottom pattern has been formed on NZDCHF M5. 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 0.4909 is broken. The further movements will rely on the width of the current pattern 8 points.
NZDCHF M15
Double Top
The Double Top pattern has been formed on NZDCHF M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.4911 is broken, the downward movement will continue.
NZDCHF M5
Double Top
The Double Top reversal pattern has been formed on NZDCHF M5. Characteristics: the upper boundary 0.4922; the lower boundary 0.4911; the width of the pattern is 12 points. Sell trades are better to be opened below the lower boundary 0.4911 with a possible movements towards the 0.4896 level.
NZDCHF M5
Double Bottom
The Double Bottom pattern has been formed on NZDCHF M5; the upper boundary is 0.4874; the lower boundary is 0.4857. The width of the pattern is 17 points. In case of a break of the upper boundary 0.4874, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.
NZDCHF M5
Double Top
The Double Top reversal pattern has been formed on NZDCHF M5. Characteristics: the upper boundary 0.4869; the lower boundary 0.4861; the width of the pattern is 7 points. Sell trades are better to be opened below the lower boundary 0.4861 with a possible movements towards the 0.4846 level.
NZDCHF M15
Triple Bottom
The Triple Bottom pattern has formed on the chart of the NZDCHF M15 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 0.4858/0.4854.
NZDCHF M15
Double Bottom
The Double Bottom pattern has been formed on NZDCHF M15; the upper boundary is 0.4854; the lower boundary is 0.4844. The width of the pattern is 11 points. In case of a break of the upper boundary 0.4854, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.
NZDCHF M15
Triple Bottom
The Triple Bottom pattern has formed on the chart of the NZDCHF M15 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 0.4858/0.4851.
NZDCHF M30
Triple Bottom
The Triple Bottom pattern has formed on the chart of the NZDCHF M30 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 0.4869/0.4858.
NZDCHF M15
Double Bottom
The Double Bottom pattern has been formed on NZDCHF M15. 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 0.4857 is broken. The further movements will rely on the width of the current pattern 14 points.