FX.co ★ Actual patterns. Technical analysis and trading recommendations
实际图案
Triple Bottom
The Triple Bottom pattern has formed on the chart of the NZDCAD M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 0.8161/0.8157.
Bullish Symmetrical Triangle
According to the chart of M15, NZDCAD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.8172 and 0.8152 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 20 pips. Outlook: If the upper border 0.8172 is broken, the price is likely to continue its move by 0.8184.
Double Top
The Double Top pattern has been formed on NZDCAD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.8162 is broken, the downward movement will continue.
Double Bottom
The Double Bottom pattern has been formed on NZDCAD M30. Characteristics: the support level 0.8149; the resistance level 0.8192; the width of the pattern 43 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 41 points.
Double Bottom
The Double Bottom pattern has been formed on NZDCAD M15. Characteristics: the support level 0.8149; the resistance level 0.8192; the width of the pattern 43 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 41 points.
