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Actual patterns

Bullish Symmetrical Triangle

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was formed on 09.05 at 21:23:22 (UTC+0)
signal strength 1 of 5

According to the chart of M5, USDCAD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 1.3943 and 1.3914 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 29 pips. Outlook: If the upper border 1.3943 is broken, the price is likely to continue its move by 1.3943.

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

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Bullish Symmetrical Triangle