was formed on 02.05 at 18:02:08 (UTC+0)
signal strength 1 of 5
signal strength 1 of 5
According to the chart of M5, USDCAD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 1.3799, the lower border is 1.3759. The signal means that a short position should be opened after fixing a price below the lower border 1.3759 of the Bearish Rectangle.
The M5 and M15 time frames may have more false entry points.
Figure
Instrument
Timeframe
Trend
Signal Strength
