FX.co ★ Modèles réels. Analyse technique et recommandations de trading

According to the chart of M5, NZDCAD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 0.8145 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -11 pips.

The Double Bottom pattern has been formed on NZDCAD M5. Characteristics: the support level 0.8145; the resistance level 0.8155; the width of the pattern 10 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 9 points.

According to M5, NZDCAD is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 0.8210/0.8209 is broken out, the instrument is likely to move toward 0.8224.

The Double Bottom pattern has been formed on NZDCAD M15. Characteristics: the support level 0.8219; the resistance level 0.8229; the width of the pattern 10 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 11 points.

According to the chart of M5, NZDCAD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 0.8237 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -22 pips.