Economic CalendarQuotes & ChartsForex Trading SignalsPAMM Account RatingTrading Sessions
flag Română arrow
logo
Home
Publications
Top Articles Forex Analytics Forex Analysis for Beginners Video Analytics Crypto News Forex NewsForex TVForex HumorNews in Pictures Trader Journals
See also
Forex Online
Quotes & Charts Forex AnalyticsForex NewsEconomic Calendar Technical Analysis Patterns Forex Trading Signals PAMM Account Rating Trading Session Schedule
See also
Crypto
QuotesNewsTrade Crypto IFXBIT Platform #Bitcoin#Ethereum#RippleBitcoin Cash
Monitoring
Forum
Trade Now

FX.co ★ USDCAD M5: Bearish Symmetrical Triangle

header image

Technical Analysis Patterns

2024-10-29T00:53:45
Signal strength 1 of 5

USDCAD M5: Bearish Symmetrical Triangle

Bearish Symmetrical TriangleAccording to the chart of M5, USDCAD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 1.3883 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -12 pips.
The M5 and M15 time frames may have more false entry points.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
Go to the patterns list Go to graph

Other patterns by USDCAD