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The Triple Top pattern has formed on the chart of the EURCAD M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 1.5651/1.5675 with the upper limit 1.5689/1.5695; the projection of the width is 38 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 1.5651, the price is most likely to continue the downward movement.

The Triple Top pattern has formed on the chart of the EURCAD M15. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 1.5626/1.5636 with the upper limit 1.5661/1.5655; the projection of the width is 35 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 1.5626, the price is most likely to continue the downward movement.

The Bullish Flag pattern which signals continuation of a trend has been formed on the chart EURCAD M5. Forecast: if the price breaks above the pattern high at 1.5611, then traders will be able to place a long deal with the target at 1.5626.

The Bullish pennant pattern is formed on the EURCAD M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 1.5611, a further uptrend is possible.

According to the chart of M5, EURCAD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 1.5659, the lower border is 1.5647. The signal means that a short position should be opened after fixing a price below the lower border 1.5647 of the Bearish Rectangle.

On the chart of EURCAD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.5714; the lower boundary 1.5703; the width of the pattern 11 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 1.5688 level.

On the chart of the EURCAD 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 1.5688, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 21 points.

According to the chart of M5, EURCAD formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 1.5621 – 1.5621 and upper border 1.5630 – 1.5630. In case the upper border is broken, the instrument is likely to follow the upward trend.

The Triple Top pattern has formed on the chart of the EURCAD M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 1, support level -2, and pattern’s width 7. Forecast If the price breaks through the support level 1.5622, it is likely to move further down to 1.5615.

The Triple Bottom pattern has formed on the chart of the EURCAD M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 1.5659/1.5650.