The Bearish Symmetrical Triangle pattern has formed on the USDCAD M30 chart. Its lower boundary passes through 1.3759/1.3775, while its upper boundary passes through 1.3793/1.3775. The pattern width is 34 points. The Bearish Symmetrical Triangle indicates a likely continuation of the downtrend. If USDCAD breaks below the lower boundary, the price could move toward 1.3745. FX.co ★ USDCAD M30: Bearish Symmetrical Triangle
Signal strength 3 of 5
USDCAD M30: Bearish Symmetrical Triangle
The Bearish Symmetrical Triangle pattern has formed on the USDCAD M30 chart. Its lower boundary passes through 1.3759/1.3775, while its upper boundary passes through 1.3793/1.3775. The pattern width is 34 points. The Bearish Symmetrical Triangle indicates a likely continuation of the downtrend. If USDCAD breaks below the lower boundary, the price could move toward 1.3745. *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade