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Actual patterns
Bullish Symmetrical Triangle
The Bullish Symmetrical Triangle pattern has formed on the AUDCAD M5 chart. Its lower boundary passes through 0.9963/0.9971, while its upper boundary passes through 0.9978/0.9971. The Bullish Symmetrical Triangle is a continuation pattern and therefore supports a further rise. If confirmed, AUDCAD is expected to break the upper boundary and move toward 0.9986.
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 0.9932 may confirm the bearish scenario. The projected peak-to-trough width is 9 points.
Double Top
The Double Top reversal pattern has formed on the AUDCAD M15 chart. Its upper boundary is at 0.9943, its lower boundary is at 0.9934, and its width is 9 points. A short position may be considered below the lower boundary at 0.9934, with a potential target at 0.9912.
Double Top
The Double Top reversal pattern has formed on the AUDCAD M5 chart. Its upper boundary is at 0.9943, its lower boundary is at 0.9934, and its width is 9 points. A short position may be considered below the lower boundary at 0.9934, with a potential target at 0.9919.
Double Top
The Double Top reversal pattern has formed on the AUDCAD M30 chart. Its upper boundary is at 0.9934, its lower boundary is at 0.9907, and its width is 27 points. A break below the lower boundary is likely to confirm further downward movement toward 0.9877.