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The Double Bottom pattern has been formed on AUDCAD H1. Characteristics: the support level 0.9751; the resistance level 0.9807; the width of the pattern 56 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 55 points.

According to the chart of M15, AUDCAD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 0.9768, the lower border is 0.9752. The signal means that a short position should be opened after fixing a price below the lower border 0.9752 of the Bearish Rectangle.

The Double Bottom pattern has been formed on AUDCAD M30. Characteristics: the support level 0.9751; the resistance level 0.9807; the width of the pattern 56 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 55 points.

According to the chart of M5, AUDCAD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.9752 – 0.9752 and upper border 0.9768 – 0.9768. In case the lower border is broken, the instrument is likely to follow the downward trend.

The Double Bottom pattern has been formed on AUDCAD M15. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 0.9807 is broken. The further movements will rely on the width of the current pattern 56 points.