FX.co ★ EURCAD M30: Bullish Symmetrical Triangle
Signal strength 3 of 5
EURCAD M30: Bullish Symmetrical Triangle
According to the chart of M30, EURCAD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.4332/1.4371 whereas the upper border goes across 1.4404/1.4371. 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 EURCAD will breach the upper border to head for 1.4401.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade