The M5 and M15 time frames may have more false entry points.
FX.co ★ USDCAD M15: Bullish Symmetrical Triangle
Signal strength 2 of 5
USDCAD M15: Bullish Symmetrical Triangle
According to the chart of M15, USDCAD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.3907/1.3917 whereas the upper border goes across 1.3928/1.3917. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of USDCAD will breach the upper border to head for 1.3939.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade