The M5 and M15 time frames may have more false entry points.
FX.co ★ USDCAD M5: Bullish pennant
Signal strength 1 of 5
USDCAD M5: Bullish pennant
The Bullish pennant pattern is formed on the USDCAD M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 1.3570, a further uptrend is possible.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade