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

On the chart of the AUDCAD M30 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 0.9070, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 20 points.

According to the chart of M5, AUDCAD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.9093/0.9084 whereas the lower border goes across 0.9071/0.9084. 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 0.9084 is broken, the price could continue its move toward 0.9099.

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 0.9093 and support 0.9070. In case the resistance level 0.9093 - 0.9093 is broken, the instrument is likely to follow the bullish trend.

According to the chart of M30, AUDCAD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.9093 and support 0.9070. In case the resistance level 0.9093 - 0.9093 is broken, the instrument is likely to follow the bullish trend.

The Triple Top pattern has formed on the chart of the AUDCAD M15. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 0.9058/0.9070 with the upper limit 0.9089/0.9085; the projection of the width is 31 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 0.9058, the price is most likely to continue the downward movement.

According to the chart of M5, AUDCAD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.9052/0.9028 whereas the lower border goes across 0.8997/0.9028. The pattern width is measured on the chart at 55 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.9028 is broken, the price could continue its move toward 0.9043.

The Double Bottom pattern has been formed on AUDCAD M30. Characteristics: the support level 0.8948; the resistance level 0.8968; the width of the pattern 20 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 19 points.

According to the chart of M5, AUDCAD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 0.8948 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -22 pips.

On the chart of AUDCAD D1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.9084; the lower boundary 0.8929; the width of the pattern 155 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 0.8889 level.

The Double Bottom pattern has been formed on AUDCAD M5. Characteristics: the support level 0.9048; the resistance level 0.9053; the width of the pattern 5 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 5 points.