According to the chart of M30, EURCAD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 1.4871/1.4924 and upper border is 1.4965/1.4924. The pattern width is measured on the chart at -94 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and EURCAD breaches the lower border, the price could continue its move toward 1.4894.