Chart pattern screener for Crypto, Forex, and Commodities

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RISING WEDGE
USD/CAD 1H
It seems like a rising wedge has been revealed. A rising wedge is said to depict a bearish chart signal that is used to spot that the price to go short if price breaks through the support. Usdcad risks extending drop to 1.366 on impulse below 1.3665.
DESCENDING CHANNEL
USD/CAD 4H
There is a descending channel taking place, the price lacks next steady push up as a sign of a breakout. A descending channel predicts a next move up in case if price breaks out. Usdcad to prolong the growth phase towards 1.37.
ASCENDING CHANNEL
USD/CAD 4H
We can see that an ascending channel has been observed. Once price breaks below support, the resulting move could signal that the price to go down. It is not ruled out that extra downside towards the 1.366 level will be made.
ASCENDING CHANNEL
USD/CAD 1H
It seems like an ascending channel is close to completion, the price breaks out. An ascending channel tends to be a technical bearish formation that can be used to identify a move down if price collapses through the support line. Usdcad embarks on a bearish correction to 1.367 once below 1.3682 as the currency pair becomes offered.
PENNANT
USD/CAD 1H
There is a pennant observed. Once price breaks out, the move could signal a next move up. Usdcad challenges a move to 1.37 once beyond 1.3694.
RISING WEDGE
USD/CAD 1H
A rising wedge has been noticed, the price requires an active bearish action as a verification of a breakout. A rising wedge often indicates reversals in uptrends when price collapses through the support line. Usdcad risks extra losses towards 1.366 on a breakdown of the rising wedge as extra rangebound not ruled out.
RISING WEDGE
USD/CAD 4H
It looks like a rising wedge has been found, usdcad demands a next impulse down as proof of a breakout. When price collapses through the support line, the move could signal a further move down. Usdcad to maintain its negative tone towards 1.365.
BEARISH FLAG
USD/CAD 1H
We can see that a bearish flag takes place and usdcad wants a next bearish continuation as an indication of a breakout. Once price breaks out to the the downside, the resulting move could identify a trend change to the downside. There is a possibility of a bearish push down to 1.368 as the mood may get worse.
ASCENDING TRIANGLE
USD/CAD 1H
There is an ascending triangle identified and the price is breaking out. An ascending triangle represents a useful price action formation that spots that the price will rally further when price breaks out. Usdcad looks ready to further extend its gains to 1.369 on a breakout of the ascending triangle.
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