FX.co ★ Patterns AUDCHF | Australian Dollar (AUD) to Swiss Franc (CHF) Rate in the Forex market

The Triple Bottom pattern has formed on the chart of AUDCHF M30. Features of the pattern: The lower line of the pattern has coordinates 0.5464 with the upper limit 0.5464/0.5458, the projection of the width is 16 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 0.5448, the price is most likely to continue the upward movement.

The Triple Bottom pattern has been formed on AUDCHF M15. It has the following characteristics: resistance level 0.5464/0.5458; support level 0.5448/0.5446; the width is 16 points. In the event of a breakdown of the resistance level of 0.5464, the price is likely to continue an upward movement at least to 0.5466.

The Double Bottom pattern has been formed on AUDCHF M15; the upper boundary is 0.5464; the lower boundary is 0.5449. The width of the pattern is 16 points. In case of a break of the upper boundary 0.5464, 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.

According to the chart of M5, AUDCHF formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 0.5496, the lower border is 0.5486. The signal means that a short position should be opened after fixing a price below the lower border 0.5486 of the Bearish Rectangle.

On the chart of the AUDCHF 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 0.5478, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 26 points.

According to the chart of M5, AUDCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.5499/0.5494 whereas the lower border goes across 0.5488/0.5494. The pattern width is measured on the chart at 11 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.5494 is broken, the price could continue its move toward 0.5509.

The Double Bottom pattern has been formed on AUDCHF M15; the upper boundary is 0.5429; the lower boundary is 0.5419. The width of the pattern is 10 points. In case of a break of the upper boundary 0.5429, 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.

According to the chart of M5, AUDCHF formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.5441/0.5435 whereas the lower border goes across 0.5430/0.5435. The pattern width is measured on the chart at 11 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.5435 is broken, the price could continue its move toward 0.5450.

The Double Bottom pattern has been formed on AUDCHF M15. Characteristics: the support level 0.5418; the resistance level 0.5432; the width of the pattern 14 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 13 points.

The Bullish pennant graphic pattern has formed on the AUDCHF M30 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks out high, is expected to continue the upward trend to level 0.5467.