FX.co ★ Actual patterns. Technical analysis and trading recommendations
Actual patterns
Double Top
The Double Top reversal pattern has formed on the AUDCAD M15 chart. Its upper boundary is at 0.9894, its lower boundary is at 0.9880, and its width is 14 points. A break below the lower boundary is likely to confirm further downward movement toward 0.9858.
Double Top
The Double Top reversal pattern has formed on the AUDCAD M15 chart. Its upper boundary is at 0.9877, its lower boundary is at 0.9867, and its width is 9 points. A short position may be considered below the lower boundary at 0.9867, with a potential target at 0.9844.
Triple Top
The Triple Top pattern has formed on the chart of AUDCAD M5 and signals a possible trend reversal. After the third peak forms, a break below the confirmation support at 0.9867 may confirm the bearish scenario. The projected peak-to-trough width is 5 points.
Double Bottom
The Double Bottom pattern has formed on the AUDCAD M5 chart and signals a potential reversal from a downtrend to an uptrend. A long position may be considered after the price breaks above the upper boundary at 0.9815. The projected move is based on the pattern width of 9 points.
Double Bottom
The Double Bottom pattern has formed on the AUDCAD M5 chart and signals a potential reversal from a downtrend to an uptrend. A long position may be considered after the price breaks above the upper boundary at 0.9857. The projected move is based on the pattern width of 8 points.