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Bullish Symmetrical Triangle
was formed on 21.04 at 09:21:18 (UTC+0)
signal strength 2 of 5

Bullish Symmetrical Triangle EURCAD M15

According to the chart of M15, EURCAD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 1.5917/1.5897 whereas the lower border goes across 1.5872/1.5897. The pattern width is measured on the chart at 45 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 1.5897 is broken, the price could continue its move toward 1.5920.

The M5 and M15 time frames may have more false entry points.

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