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Bullish Symmetrical Triangle
was formed on 19.05 at 02:04:32 (UTC+0)
signal strength 1 of 5

Bullish Symmetrical Triangle EURCAD M5

According to the chart of M5, EURCAD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 1.5625 and 1.5604 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 21 pips. Outlook: If the upper border 1.5625 is broken, the price is likely to continue its move by 1.5628.

The M5 and M15 time frames may have more false entry points.

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