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实际图案
Bullish Symmetrical Triangle
According to the chart of M15, AUDCAD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.9334/0.9312 whereas the lower border goes across 0.9293/0.9312. The pattern width is measured on the chart at 41 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.9312 is broken, the price could continue its move toward 0.9334.
Bullish Symmetrical Triangle
According to the chart of M30, AUDCAD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.9334/0.9312 whereas the lower border goes across 0.9293/0.9312. The pattern width is measured on the chart at 41 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.9312 is broken, the price could continue its move toward 0.9342.
Double Bottom
The Double Bottom pattern has been formed on AUDCAD M5. Characteristics: the support level 0.9277; the resistance level 0.9284; the width of the pattern 7 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 8 points.
Bearish pennant
The Bearish pennant pattern has formed on the AUDCAD M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 0.9278; the projection of the flagpole height is equal to 21 pips. In case the price breaks out the pattern’s bottom of 0.9278, the downtrend is expected to continue for further level 0.9263.
Double Top
The Double Top pattern has been formed on AUDCAD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.9280 is broken, the downward movement will continue.
