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The Triple Top pattern has formed on the chart of the USDCAD M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 1.3669/1.3674 with the upper limit 1.3690/1.3688; the projection of the width is 21 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 1.3669, the price is most likely to continue the downward movement.

The Triple Bottom pattern has formed on the chart of the USDCAD M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 1.3682/1.3673.

The Double Bottom pattern has been formed on USDCAD M30; the upper boundary is 1.3735; the lower boundary is 1.3704. The width of the pattern is 33 points. In case of a break of the upper boundary 1.3735, 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.

According to the chart of M5, USDCAD formed the Inverse Head and Shoulder pattern. The Head’s top is set at 1.3731 while the median line of the Neck is found at 1.3720/1.3726. The formation of the Inverse Head and Shoulder pattern evidently signals a reversal of the downward trend. In other words, in case the scenario comes true, the price of USDCAD will go towards 1.3746

According to the chart of M5, USDCAD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 1.3702/1.3727 and upper border is 1.3746/1.3727. The pattern width is measured on the chart at -44 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and USDCAD breaches the lower border, the price could continue its move toward 1.3712.