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FX.co ★ EURCAD M5: Bullish Flag

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Technical Analysis Patterns

2026-08-25T00:24:05
Signal strength 1 of 5

EURCAD M5: Bullish Flag

Bullish FlagThe Bullish Flag pattern has formed on the EURCAD M5 chart. Its lower boundary passes through 1.6156/1.6150, while its upper boundary passes through 1.6160/1.6154. The projected flagpole height is 11 points. The formation indicates that the uptrend is likely to continue. A break above 1.6160 would confirm further upward movement.
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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Other patterns by EURCAD