signal strength 1 of 5
The Bullish pennant pattern is formed on the USDCAD M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 1.4364, a further uptrend is possible.
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, USDCHF formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 0.8211 is breached. Here
The M5 and M15 time frames may have more false entry points.
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According to the chart of M30, USDCHF formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 0.8211 is breached. Here
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According to the chart of M5, EURCAD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.5653/1.5671 whereas the upper border goes across 1.5687/1.5671
The M5 and M15 time frames may have more false entry points.
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