was formed on 23.05 at 08:47:46 (UTC+0)
signal strength 1 of 5
signal strength 1 of 5
According to the chart of M5, NZDCAD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.8184/0.8177 whereas the lower border goes across 0.8172/0.8177. The pattern width is measured on the chart at 12 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.8177 is broken, the price could continue its move toward 0.8192.
The M5 and M15 time frames may have more false entry points.
Figure
Instrument
Timeframe
Trend
Signal Strength
