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According to the chart of M30, EURCAD formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 1.6017 – 1.6017 and upper border 1.6038 – 1.6038. In case the upper border is broken, the instrument is likely to follow the upward trend.

According to the chart of M15, EURCAD formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 1.6017 – 1.6017 and upper border 1.6038 – 1.6038. In case the upper border is broken, the instrument is likely to follow the upward trend.

The Double Top pattern has been formed on EURCAD M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.6019 is broken, the downward movement will continue.

The Double Top pattern has been formed on EURCAD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.6019 is broken, the downward movement will continue.

The Double Bottom pattern has been formed on EURCAD M5. Characteristics: the support level 1.5936; the resistance level 1.5947; the width of the pattern 11 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 10 points.