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Actual patterns
Double Top
The Double Top reversal pattern has formed on the USDCAD H1 chart. Its upper boundary is at 1.4199, its lower boundary is at 1.4174, and its width is 25 points. A break below the lower boundary is likely to confirm further downward movement toward 1.4134.
Double Top
The Double Top reversal pattern has formed on the USDCAD H1 chart. Its upper boundary is at 1.4199, its lower boundary is at 1.4174, and its width is 25 points. A break below the lower boundary is likely to confirm further downward movement toward 1.4134.
Double Top
The Double Top reversal pattern has formed on the USDCAD M30 chart. Its upper boundary is at 1.4199, its lower boundary is at 1.4174, and its width is 25 points. A break below the lower boundary is likely to confirm further downward movement toward 1.4144.
Bullish Rectangle
The Bullish Rectangle has formed on the USDCAD H1 chart. This is a trend continuation pattern bounded by the lower boundary at 1.4174–1.4174 and the upper boundary at 1.4200–1.4200. A breakout above the upper boundary is likely to signal a continuation of the uptrend.
Double Top
The Double Top reversal pattern has formed on the USDCAD H1 chart. Its upper boundary is at 1.4200, its lower boundary is at 1.4175, and its width is 23 points. A short position may be considered below the lower boundary at 1.4175, with a potential target at 1.4135.