FX.co ★ Patterns EURCHF | Euro (EUR) to Swiss Franc (CHF) Rate in the Forex market
EURCHF M5
Bullish Symmetrical Triangle
The Bullish Symmetrical Triangle pattern has formed on the EURCHF M5 chart. This is a trend continuation pattern. Its upper and lower boundaries are at 0.9362 and 0.9352, respectively. The pattern width is 10 points. If the price breaks above the upper boundary at 0.9362, it is likely to move toward 0.9372.
EURCHF M15
Bullish Symmetrical Triangle
The Bullish Symmetrical Triangle pattern has formed on the EURCHF M15 chart. This is a trend continuation pattern. Its upper and lower boundaries are at 0.9344 and 0.9302, respectively. The pattern width is 42 points. If the price breaks above the upper boundary at 0.9344, it is likely to move toward 0.9348.
EURCHF M5
Double Bottom
The Double Bottom pattern has formed on the EURCHF M5 chart and signals a potential reversal from a downtrend to an uptrend. A long position may be considered after the price breaks above the upper boundary at 0.9318. The projected move is based on the pattern width of 11 points.
EURCHF M5
Bearish Rectangle
The Bearish Rectangle has formed on the EURCHF M5 chart. This is a trend continuation pattern bounded by the lower boundary at 0.9307–0.9307 and the upper boundary at 0.9318–0.9318. A breakout below the lower boundary is likely to signal a continuation of the downtrend.
EURCHF M5
Double Top
The Double Top reversal pattern has formed on the EURCHF M5 chart. Its upper boundary is at 0.9395, its lower boundary is at 0.9383, and its width is 12 points. A short position may be considered below the lower boundary at 0.9383, with a potential target at 0.9368.
EURCHF M30
Double Bottom
The Double Bottom pattern has formed on the EURCHF M30 chart. Its support is at 0.9373, its resistance is at 0.9393, and its width is 20 points. A break above resistance may confirm a trend reversal, with the first target projected 21 points away.
EURCHF M15
Double Bottom
The Double Bottom pattern has formed on the EURCHF M15 chart and signals a potential reversal from a downtrend to an uptrend. A long position may be considered after the price breaks above the upper boundary at 0.9393. The projected move is based on the pattern width of 20 points.
EURCHF M15
Bullish Symmetrical Triangle
The Bullish Symmetrical Triangle pattern has formed on the EURCHF M15 chart. Its lower boundary passes through 0.9358/0.9371, while its upper boundary passes through 0.9381/0.9371. The Bullish Symmetrical Triangle is a continuation pattern and therefore supports a further rise. If confirmed, EURCHF is expected to break the upper boundary and move toward 0.9394.
EURCHF M5
Bearish Symmetrical Triangle
The Bearish Symmetrical Triangle pattern has formed on the EURCHF M5 chart. Its lower boundary passes through 0.9360/0.9371, while its upper boundary passes through 0.9384/0.9371. The pattern width is 24 points. The Bearish Symmetrical Triangle indicates a likely continuation of the downtrend. If EURCHF breaks below the lower boundary, the price could move toward 0.9356.
EURCHF H1
Bearish Symmetrical Triangle
The Bearish Symmetrical Triangle pattern has formed on the EURCHF H1 chart. A break below the lower boundary at 0.9314 would signal a likely continuation of the downtrend. The projected move corresponds to the pattern width of 65 points.
