A falling wedge pops up, USD/CAD asks for a move to confirm falling wedge breakout.
A falling wedge denotes a specific signal that typically results in a change in the prevailing trend when price breaks out to the the upside.
There is a probability of a rangebound towards 1.316.
USD/CAD: Rechteck
USD/CAD,
1 Stunde
SHORT
vor 2 Tagen
A rectangle is close to completion and the price wants a next move as an indication of a breakout.
A rectangle often indicates a bearish price action if price breakdown occurs.
A bearish price action to 1.396 is on the cards on a breakout of the rectangle amid rising bets for the move.
USD/CAD: Fallender Keil
USD/CAD,
4 Stunden
LONG
Okt 30
Usdcad composes a falling wedge, the price is breaking out.
A falling wedge is said to depict a reliable price action pattern that is used to indicate that the price to go long when price breaks through the resistance.
It is possible that a bullish run towards 1.405 will form on a breach of 1.399.
USD/CAD: Absteigender Kanal
USD/CAD,
4 Stunden
LONG
Feb 26
A descending channel is identified, the price is breaking out.
A descending channel can be thought of as a technical bullish price action formation that is angled down that can be used to predict a sharp rise if price breaks through the resistance.
USD/CAD points to the upside to 1.352.
USD/CAD: Wimpel
USD/CAD,
1 Tag
LONG
Jul 15
USD/CAD: Steigender Keil
USD/CAD,
1 Stunde
SHORT
vor 2 Tagen
A rising wedge is observed and usdcad calls for a next strong move to confirm rising wedge breakdown.
A rising wedge is considered to be a technical bearish price formation that results in a change in the prevailing trend if price breaks through the support.
A move towards 1.399 is going to happen on a breakout of the rising wedge as the mood may get worse.
USD/CAD: Absteigender Kanal
USD/CAD,
1 Stunde
LONG
Dez 4
There is a descending channel determined.
A descending channel is believed to be a specific signal that spots that the price will rally further once price breaks out.
A bullish push up to 1.356 is on the cards.
USD/CAD: Aufsteigendes Dreieck
USD/CAD,
4 Stunden
SHORT
Mär 5
As we can see the price creates an ascending triangle, the price is about to break out now.
In case if price breaks out, the resulting move could predict a move down.
There is a possibility of a bearish run towards 1.356 as the currency pair sticks to the negative mood.
USD/CAD: Absteigender Kanal
USD/CAD,
1 Stunde
LONG
Mär 14
A descending channel is nearing completion, the price demands a bit more consolidation as proof of a breakout.
If price breaks above resistance, the move could identify that the price to go long.
It is possible that a rangebound to 1.348 will take place once above 1.348 as outlook for the currency pair stays positive.
USD/CAD: Wimpel
USD/CAD,
4 Stunden
SHORT
Mär 27
There is a pennant encountered, the price demands an active move as a clue of a breakout.
A pennant indicates the more likely potential of falling prices if price breaks through the support.
USD/CAD is bearish and en route to the 1.355 mark on a downside break.
USD/CAD: Absteigender Kanal
USD/CAD,
1 Stunde
LONG
Okt 17
There is a descending channel uncovered, the price is close to breaking out soon.
A descending channel suggests a technical bullish indicator that can be used to identify a change in price direction in case if price breaks through the resistance.
USD/CAD to enjoy a considerable gain towards 1.364 on impulse above 1.3628 as uptrend may continue.
USD/CAD: Aufsteigender Kanal
USD/CAD,
1 Stunde
SHORT
Mär 16
We can see that an ascending channel emerges, USD/CAD asks for a further active move to confirm ascending channel breakdown.
An ascending channel typically predicts a bearish price action once price breaks out.
USD/CAD to continue lower to the 1.37 zone.
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