was formed on 24.03 at 11:24:07 (UTC+0)
signal strength 1 of 5
signal strength 1 of 5
According to the chart of M5, USDCAD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 1.4325 – 1.4325 and upper border 1.4337 – 1.4337. In case the lower border is broken, the instrument is likely to follow the downward trend.
The M5 and M15 time frames may have more false entry points.
Figure
Instrument
Timeframe
Trend
Signal Strength
