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实际图案
Double Top
The Double Top reversal pattern has been formed on EURCAD M5. Characteristics: the upper boundary 1.5517; the lower boundary 1.5499; the width of the pattern is 18 points. Sell trades are better to be opened below the lower boundary 1.5499 with a possible movements towards the 1.5484 level.
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 1.5382/1.5394 with the upper limit 1.5427/1.5433; the projection of the width is 45 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 1.5382, the price is most likely to continue the downward movement.
Bullish Rectangle
According to the chart of M5, EURCAD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.5247 and support 1.5209. In case the resistance level 1.5247 - 1.5247 is broken, the instrument is likely to follow the bullish trend.
Triple Top
The Triple Top pattern has formed on the chart of the EURCAD M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -6, support level -16, and pattern’s width 43. Forecast If the price breaks through the support level 1.5078, it is likely to move further down to 1.5114.
Double Top
The Double Top reversal pattern has been formed on EURCAD M15. Characteristics: the upper boundary 1.5051; the lower boundary 1.5037; the width of the pattern is 15 points. Sell trades are better to be opened below the lower boundary 1.5037 with a possible movements towards the 1.5014 level.
