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FX.co ★ NZDCAD H1: Bullish Symmetrical Triangle

NZDCAD H1: Bullish Symmetrical Triangle

Bullish Symmetrical TriangleAccording to the chart of H1, NZDCAD formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.8196 and 0.8155 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 41 pips. Outlook: If the upper border 0.8196 is broken, the price is likely to continue its move by 0.8214.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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