FX.co - Actual patterns. Instrument: NZDCAD: 13

There is nothing more precious to a trader than an ability to predict a further price movement. Technical analysis is a key to your successful transaction. At the same time, you can rely on common and recurring situations that arise in the same circumstances. Our Technical Analysis Patterns section features all trading recommendations based on the technical analysis patterns that help traders make projections and turn a profit.

Instrument:

1 selected

#Bitcoin

EURCHF

EURGBP

EURJPY

EURUSD

EURCAD

EURRUB

EURNZD

USDCAD

USDCHF

USDJPY

USDRUB

NZDCAD

NZDUSD

NZDCHF

NZDJPY

AUDCAD

AUDCHF

AUDJPY

AUDUSD

GBPUSD

GBPJPY

GBPAUD

GBPCHF

GOLD

SILVER

#AAPL

#AMZN

#EBAY

#FB

#GOOG

#MCD

#MA

#KO

#INTC

#MSFT

#NTDOY

#PEP

#TSLA

#TWTR

Figure:

All

Triangle

Rectangle

Pennant

Flag

Head and Shoulders

Double Top

Triple top

Timeframe:

All

M5

M15

M30

H1

D1

Signal strength:

All

High

Medium

Low

Signal direction:

All

Buy

Sell

NZDCAD

NZDCAD M5

The Triple Top pattern has formed on the chart of the NZDCAD M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -4, support level -8, and pattern’s width 9. Forecast If the price breaks through the support level 0.8211, it is likely to move further down to 0.8208.

Today at 12:15PM (UTC+0)

NZDCAD M5

The Triple Bottom pattern has formed on the chart of the NZDCAD M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 0.8161/0.8157.

Yesterday at 6:15PM (UTC+0)

NZDCAD M15

Bullish Symmetrical Triangle

According to the chart of M15, NZDCAD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.8172 and 0.8152 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 20 pips. Outlook: If the upper border 0.8172 is broken, the price is likely to continue its move by 0.8184.

Yesterday at 11:20AM (UTC+0)

NZDCAD M5

The Double Top pattern has been formed on NZDCAD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.8162 is broken, the downward movement will continue.

31 March at 10:06PM (UTC+0)

NZDCAD M30

The Double Bottom pattern has been formed on NZDCAD M30. Characteristics: the support level 0.8149; the resistance level 0.8192; the width of the pattern 43 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 41 points.

31 March at 11:01AM (UTC+0)

NZDCAD M15

The Double Bottom pattern has been formed on NZDCAD M15. Characteristics: the support level 0.8149; the resistance level 0.8192; the width of the pattern 43 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 41 points.

31 March at 10:31AM (UTC+0)

NZDCAD M5

On the chart of NZDCAD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.8172; the lower boundary 0.8163; the width of the pattern 9 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 0.8148 level.

31 March at 2:40AM (UTC+0)

NZDCAD M15

Bearish pennant

The Bearish pennant pattern has formed on the NZDCAD M15 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction of the original trend. In case the price fixes below the pattern’s low of 0.8156, a trader will be able to successfully enter the sell position.

30 March at 11:30PM (UTC+0)

NZDCAD M30

The Double Bottom pattern has been formed on NZDCAD M30. 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 0.8182 is broken. The further movements will rely on the width of the current pattern 10 points.

30 March at 9:00PM (UTC+0)

NZDCAD M5

Bearish Symmetrical Triangle

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 0.8174 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -9 pips.

28 March at 7:34PM (UTC+0)