The Bearish Symmetrical Triangle pattern has formed on the NZDCAD M30 chart. Its lower boundary passes through 0.8197/0.8213, while its upper boundary passes through 0.8224/0.8213. The pattern width is 27 points. The Bearish Symmetrical Triangle indicates a likely continuation of the downtrend. If NZDCAD breaks below the lower boundary, the price could move toward 0.8183. FX.co ★ NZDCAD M30: Bearish Symmetrical Triangle
Signal strength 3 of 5
NZDCAD M30: Bearish Symmetrical Triangle
The Bearish Symmetrical Triangle pattern has formed on the NZDCAD M30 chart. Its lower boundary passes through 0.8197/0.8213, while its upper boundary passes through 0.8224/0.8213. The pattern width is 27 points. The Bearish Symmetrical Triangle indicates a likely continuation of the downtrend. If NZDCAD breaks below the lower boundary, the price could move toward 0.8183. *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade