FX.co ★ EURCAD M5: Bullish Symmetrical Triangle

According to the chart of M5, EURCAD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 1.4862 and 1.4854 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 8 pips. Outlook: If the upper border 1.4862 is broken, the price is likely to continue its move by 1.4873.