FX.co ★ Patterns USDCHF | US Dollar (USD) to Swiss Franc (CHF) Rate in the Forex market
USDCHF M5
Double Bottom
The Double Bottom pattern has formed on the USDCHF 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 0.8252. The projected move is based on the pattern width of 22 points.
USDCHF M30
Double Bottom
The Double Bottom pattern has formed on the USDCHF M30 chart. Its upper boundary is at 0.8296, its lower boundary is at 0.8271, and its width is 23 points. A break above the upper boundary at 0.8296 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.
USDCHF M5
Triple Bottom
The Triple Bottom pattern has formed on the chart of USDCHF M5. The lower boundary is at 0.8273, while the upper boundary is at 0.8289/0.8280. The projected width is 15 points. The formation of the Triple Bottom pattern most likely indicates a change from a downward to an upward trend. If the confirmation resistance at 0.8289 is broken, the price is likely to continue upward.
USDCHF M5
Triple Bottom
The Triple Bottom pattern has formed on the USDCHF M5 chart. A break above the confirmation resistance at 0.8289 may signal a reversal from a downtrend to an uptrend.
USDCHF H1
Head and Shoulders
The Head and Shoulders pattern has formed on the USDCHF H1 chart. The head high is at 0.8312, while the neckline passes through 0.8282/0.8291. The Head and Shoulders signals a potential reversal of the uptrend. A break below the lower neckline anchor may confirm the bearish reversal.
USDCHF H1
Head and Shoulders
The Head and Shoulders pattern has formed on the USDCHF H1 chart. The head high is at 0.8312, while the neckline passes through 0.8282/0.8291. The Head and Shoulders signals a potential reversal of the uptrend. A break below the lower neckline anchor may confirm the bearish reversal.
USDCHF M5
Bearish Symmetrical Triangle
The Bearish Symmetrical Triangle pattern has formed on the USDCHF M5 chart. Its lower boundary passes through 0.8297/0.8301, while its upper boundary passes through 0.8306/0.8301. The pattern width is 9 points. The Bearish Symmetrical Triangle indicates a likely continuation of the downtrend. If USDCHF breaks below the lower boundary, the price could move toward 0.8286.
USDCHF M5
Bearish Symmetrical Triangle
The Bearish Symmetrical Triangle pattern has formed on the USDCHF M5 chart. A break below the lower boundary at 0.8280 is likely to signal a continuation of the downtrend.
USDCHF M5
Triple Bottom
The Triple Bottom pattern has formed on the USDCHF M5 chart. A break above the confirmation resistance at 0.8278 may signal a reversal from a downtrend to an uptrend.
USDCHF M15
Triple Top
The Triple Top reversal pattern has formed on the USDCHF M15 chart. Its upper boundary is at 0.8276/0.8277, its lower boundary is at 0.8262/0.8264, and its current width is 13 points. If the confirmation support at 0.8262 is broken, that width can be used to project the downward move.
