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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 0.8903 is broken, the downward movement will continue.

On the chart of AUDCAD M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.8899; the lower boundary 0.8888; the width of the pattern 11 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 0.8866 level.

The Bullish pennant graphic pattern has formed on the AUDCAD M5 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks out high, is expected to continue the upward trend to level 0.8909.

The Double Bottom pattern has been formed on AUDCAD M15; the upper boundary is 0.8877; the lower boundary is 0.8869. The width of the pattern is 8 points. In case of a break of the upper boundary 0.8877, 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.

The Double Bottom pattern has been formed on AUDCAD M5. 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 0.8877 is broken. The further movements will rely on the width of the current pattern 8 points.