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Double Top
The Double Top pattern has been formed on GBPAUD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.9148 is broken, the downward movement will continue.
Double Top
On the chart of NZDCAD H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.8248; the lower boundary 0.8216; the width of the pattern 32 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 0.8176 level.
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Double Bottom
The Double Bottom pattern has been formed on GBPJPY M5. Characteristics: the support level 207.62; the resistance level 207.89; the width of the pattern 27 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 29 points.
Double Top
The Double Top pattern has been formed on AUDCAD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.9647 is broken, the downward movement will continue.
Bullish Rectangle
According to the chart of M5, NZDUSD formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 0.6047, the lower border is 0.6038. The signal means that a long position should be opened above the upper border 0.6047 of the Bullish Rectangle.
