The M5 and M15 time frames may have more false entry points.
FX.co ★ NZDCAD M5: Bullish Symmetrical Triangle
Signal strength 1 of 5
NZDCAD M5: Bullish Symmetrical Triangle
According to the chart of M5, NZDCAD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.8231/0.8237 whereas the upper border goes across 0.8241/0.8237. 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 NZDCAD will breach the upper border to head for 0.8252.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade