signal strength 1 of 5
                
                According to the chart of M5, USDCAD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 1.3561/1.3576 and upper border is 1.3590/1.3576. The pattern width is measured on the chart at -29 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and USDCAD breaches the lower border, the price could continue its move toward 1.3561.
The M5 and M15 time frames may have more false entry points.
See Also
- All
 - Double Top
 - Flag
 - Head and Shoulders
 - Pennant
 - Rectangle
 - Triangle
 - Triple top
 
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The Triple Bottom pattern has formed on the chart of NZDCAD M15. Features of the pattern: The lower line of the pattern has coordinates 0.7974 with the upper limit 0.7974/0.7969
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on #PEP M15. Characteristics: the support level 143.23; the resistance level 144.04; the width of the pattern 81 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Bottom pattern has been formed on NZDJPY M15; the upper boundary is 87.03; the lower boundary is 86.76. The width of the pattern is 26 points. In case
The M5 and M15 time frames may have more false entry points.
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