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FX.co ★ EURCAD M15: Bullish Pennant

EURCAD M15: Bullish Pennant

Bullish PennantThe Bullish Pennant pattern has formed on the EURCAD M15 chart. This is a trend continuation pattern. If the price breaks above the pattern high at 1.6186, the uptrend is expected to continue toward 1.6208.
The M5 and M15 time frames may generate more false entry signals.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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