FX.co ★ Patterns EURUSD | Euro (EUR) to US Dollar (USD) Rate in the Forex market
EURUSD M5
Bearish Symmetrical Triangle
The Bearish Symmetrical Triangle pattern has formed on the EURUSD M5 chart. Its lower boundary passes through 1.1458/1.1473, while its upper boundary passes through 1.1491/1.1473. The pattern width is 33 points. The Bearish Symmetrical Triangle indicates a likely continuation of the downtrend. If EURUSD breaks below the lower boundary, the price could move toward 1.1458.
EURUSD M5
Triple Top
The Triple Top pattern has formed on the chart of EURUSD M5 and signals a possible trend reversal. After the third peak forms, a break below the confirmation support at 1.1532 may confirm the bearish scenario. The projected peak-to-trough width is 3 points.
EURUSD M15
Bullish Symmetrical Triangle
The Bullish Symmetrical Triangle pattern has formed on the EURUSD M15 chart. This is a trend continuation pattern. Its upper and lower boundaries are at 1.1641 and 1.1584, respectively. The pattern width is 57 points. If the price breaks above the upper boundary at 1.1641, it is likely to move toward 1.1638.
EURUSD M5
Double Bottom
The Double Bottom pattern has formed on the EURUSD M5 chart. Its upper boundary is at 1.1649, its lower boundary is at 1.1630, and its width is 20 points. A break above the upper boundary at 1.1649 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.
EURUSD M5
Bullish Symmetrical Triangle
The Bullish Symmetrical Triangle pattern has formed on the EURUSD M5 chart. Its lower boundary passes through 1.1619/1.1626, while its upper boundary passes through 1.1633/1.1626. The Bullish Symmetrical Triangle is a continuation pattern and therefore supports a further rise. If confirmed, EURUSD is expected to break the upper boundary and move toward 1.1641.
EURUSD M15
Double Bottom
The Double Bottom pattern has formed on the EURUSD M15 chart. Its upper boundary is at 1.1619, its lower boundary is at 1.1608, and its width is 10 points. A break above the upper boundary at 1.1619 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.
EURUSD M15
Double Bottom
The Double Bottom pattern has formed on the EURUSD M15 chart. Its upper boundary is at 1.1616, its lower boundary is at 1.1609, and its width is 8 points. A break above the upper boundary at 1.1616 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.
EURUSD H1
Triple Top
The Triple Top reversal pattern has formed on the EURUSD H1 chart. Its upper boundary is at 1.1641/1.1635, its lower boundary is at 1.1585/1.1620, and its current width is 15 points. If the confirmation support at 1.1585 is broken, that width can be used to project the downward move.
EURUSD H1
Triple Top
The Triple Top reversal pattern has formed on the EURUSD H1 chart. Its upper boundary is at 1.1641/1.1635, its lower boundary is at 1.1585/1.1620, and its current width is 15 points. If the confirmation support at 1.1585 is broken, that width can be used to project the downward move.
EURUSD H1
Double Top
The Double Top reversal pattern has formed on the EURUSD H1 chart. Its upper boundary is at 1.1634, its lower boundary is at 1.1620, and its width is 14 points. A break below the lower boundary is likely to confirm further downward movement toward 1.1580.
