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实际图案
Bearish Rectangle
According to the chart of M30, NZDCAD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.8187 – 0.8187 and upper border 0.8203 – 0.8203. In case the lower border is broken, the instrument is likely to follow the downward trend.
Bearish Rectangle
According to the chart of H1, NZDCAD formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.8203 - 0.0000 and support 0.8187 – 0.8187. In case the resistance level 0.8187 - 0.8187 is broken, the instrument is likely to follow the bearish trend.
Double Bottom
The Double Bottom pattern has been formed on NZDCAD M30; the upper boundary is 0.8203; the lower boundary is 0.8189. The width of the pattern is 15 points. In case of a break of the upper boundary 0.8203, 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.
Double Top
The Double Top reversal pattern has been formed on NZDCAD M5. Characteristics: the upper boundary 0.8203; the lower boundary 0.8198; the width of the pattern is 5 points. Sell trades are better to be opened below the lower boundary 0.8198 with a possible movements towards the 0.8183 level.
Double Bottom
The Double Bottom pattern has been formed on NZDCAD H1. Characteristics: the support level 0.8187; the resistance level 0.8202; the width of the pattern 15 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 14 points.
