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实际图案
Triple Top
The Triple Top pattern has formed on the chart of the EURCAD M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 1.4798/1.4799 with the upper limit 1.4806/1.4805; the projection of the width is 8 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 1.4798, the price is most likely to continue the downward movement.
Double Top
The Double Top pattern has been formed on EURCAD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.4798 is broken, the downward movement will continue.
Double Bottom
The Double Bottom pattern has been formed on EURCAD M5; the upper boundary is 1.4808; the lower boundary is 1.4797. The width of the pattern is 11 points. In case of a break of the upper boundary 1.4808, 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.
Triple Top
The Triple Top pattern has formed on the chart of the EURCAD M30. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 1.4780/1.4803 with the upper limit 1.4817/1.4818; the projection of the width is 37 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 1.4780, the price is most likely to continue the downward movement.
Bullish Rectangle
According to the chart of M15, EURCAD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.4814 and support 1.4802. In case the resistance level 1.4814 - 1.4814 is broken, the instrument is likely to follow the bullish trend.
