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The Triple Bottom pattern has formed on the chart of the AUDCAD M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 0.9800/0.9790.

On the chart of the AUDCAD M15 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak, the price will try to break through the resistance level 0.9831, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 8 points.

According to the chart of M5, AUDCAD formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 0.9831 – 0.9831 and upper border 0.9839 – 0.9839. In case the upper border is broken, the instrument is likely to follow the upward trend.

The Double Bottom pattern has been formed on AUDCAD M30; the upper boundary is 0.9835; the lower boundary is 0.9818. The width of the pattern is 16 points. In case of a break of the upper boundary 0.9835, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.

The Double Bottom pattern has been formed on AUDCAD M15. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 0.9835 is broken. The further movements will rely on the width of the current pattern 16 points.

The Double Bottom pattern has been formed on AUDCAD M15; the upper boundary is 0.9843; the lower boundary is 0.9829. The width of the pattern is 15 points. In case of a break of the upper boundary 0.9843, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.

According to the chart of M5, AUDCAD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 0.9836, the lower border is 0.9829. The signal means that a short position should be opened after fixing a price below the lower border 0.9829 of the Bearish Rectangle.

According to the chart of M30, AUDCAD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.9877/0.9866 whereas the lower border goes across 0.9855/0.9866. The pattern width is measured on the chart at 22 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.9866 is broken, the price could continue its move toward 0.9896.

According to the chart of M15, AUDCAD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.9877 and support 0.9861. In case the resistance level 0.9877 - 0.9877 is broken, the instrument is likely to follow the bullish trend.

The Triple Top pattern has formed on the chart of the AUDCAD H1 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -9, support level -10, and pattern’s width 19. Forecast If the price breaks through the support level 0.9857, it is likely to move further down to 0.9840.