was formed on 24.03 at 10:00:34 (UTC+0)
signal strength 2 of 5
signal strength 2 of 5
The Bearish pennant pattern has formed on the USDCAD M15 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction of the original trend. In case the price fixes below the pattern’s low of 1.4322, a trader will be able to successfully enter the sell position.
The M5 and M15 time frames may have more false entry points.
Figure
Instrument
Timeframe
Trend
Signal Strength
