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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 1.5157 is broken, the downward movement will continue.

According to the chart of M5, EURCAD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 1.5140 and 1.5082 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 58 pips. Outlook: If the upper border 1.5140 is broken, the price is likely to continue its move by 1.5127.

According to the chart of M5, EURCAD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 1.5108 and 1.5090 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 18 pips. Outlook: If the upper border 1.5108 is broken, the price is likely to continue its move by 1.5114.

The Double Top reversal pattern has been formed on EURCAD M5. Characteristics: the upper boundary 1.5106; the lower boundary 1.5098; the width of the pattern is 7 points. Sell trades are better to be opened below the lower boundary 1.5098 with a possible movements towards the 1.5083 level.

The Double Top reversal pattern has been formed on EURCAD M5. Characteristics: the upper boundary 1.5121; the lower boundary 1.5108; the width of the pattern is 13 points. Sell trades are better to be opened below the lower boundary 1.5108 with a possible movements towards the 1.5093 level.

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 1.5048/1.5049 with the upper limit 1.5058/1.5063; the projection of the width is 10 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 1.5048, the price is most likely to continue the downward movement.

On the chart of the EURCAD M5 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 1.5048, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 10 points.

According to the chart of M5, EURCAD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.5058 and support 1.5049. In case the resistance level 1.5058 - 1.5058 is broken, the instrument is likely to follow the bullish trend.

The Triple Bottom pattern has formed on the chart of EURCAD M15. Features of the pattern: The lower line of the pattern has coordinates 1.5030 with the upper limit 1.5030/1.5027, the projection of the width is 10 points. The formation of the Triple Bottom pattern most likely indicates a change in the trend from downward to upward. This means that in the event of a breakdown of the resistance level 1.5020, the price is most likely to continue the upward movement.

According to the chart of H1, EURCAD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.5047 and support 1.5018. In case the resistance level 1.5047 - 1.5047 is broken, the instrument is likely to follow the bullish trend.