We can see that the price creates a pennant.
A pennant indicates a further move up if price breaks out to the the upside.
A move towards the 1.362 zone is about to happen on a breakout of the pennant.
USD/CAD: 上昇ウェッジ
USD/CAD,
1 時間
ショート
11月 14
As we can see a rising wedge is encountered, the price is breaking out.
A rising wedge often results in an extension in the downward direction if price collapses through the support line.
USD/CAD to extend its slide towards 1.381 as minor hurdle remains at 1.382.
USD/CAD: 下降チャネル
USD/CAD,
1 時間
ロング
10月 9
There is a descending channel recognized.
A descending channel typically results in a temporary interruption of an existing trend in case if price breaks out.
Usdcad turns higher towards 1.397 as outlook for usdcad stays positive.
USD/CAD: 上昇チャネル
USD/CAD,
1 時間
ショート
10月 17
It looks like an ascending channel has been diagnosed and the price is going to break out soon.
An ascending channel results in that the price to go down in case if price breaks through the support.
It is not ruled out that a bearish move to 1.403 will form as usdcad probes 1.4038 hurdle.
USD/CAD: 下降チャネル
USD/CAD,
1 時間
ロング
2月 27
A descending channel takes place, USD/CAD requires a strong move to confirm descending channel breakout.
A descending channel predicts a bullish price action in case if price breaks above resistance.
USD/CAD challenges a move to 1.353.
USD/CAD: 上昇ウェッジ
USD/CAD,
4 時間
ショート
11月 24
A rising wedge has been spotted and the price asks for a more steady move as an indication of a breakout.
When price collapses through the support line, the resulting move could signal price heading to a new direction.
A bearish run to the 1.405 level stays on the cards on a breakout of the rising wedge.
USD/CAD: ペナント
USD/CAD,
1 時間
ショート
11月 22
There is a pennant appearing, the price is going to break out.
If price breaks down, the resulting move could identify a further move down.
USD/CAD to continue the dereciation trend towards 1.37 on a breach of 1.3704.
USD/CAD: レクタングル
USD/CAD,
4 時間
ロング
8月 1
It looks like a rectangle is determined and the price is ready to break out now.
If price breaks out to the the upside, the move could signal a bullish price move.
It is possible that a further rangebound towards 1.328 will form.
USD/CAD: 上昇ウェッジ
USD/CAD,
1 時間
ショート
3月 27
The price sets up a rising wedge, the price is close to breaking out now.
When price collapses through the support line, the resulting move could predict price heading to a new direction.
USD/CAD to head to 1.358 on a breakout of the rising wedge.
USD/CAD: ペナント
USD/CAD,
4 時間
ロング
10月 8
There is a pennant emerging and usdcad calls for a further strong bullish impulse as an indication of a breakout.
A pennant suggests a technical bullish price signal that can be used to predict extending an uptrend if price breaks out.
There is a chance of a further move to 1.398.
USD/CAD: ペナント
USD/CAD,
1 時間
ショート
10月 6
Usdcad composes a pennant.
A pennant signals extending an downtrend once price breaks below support.
There is a chance of a further bearish run to 1.3945 on a break below 1.3948 as the currency pair probes 1.3948 hurdle.
USD/CAD: 上昇ウェッジ
USD/CAD,
1 時間
ショート
5月 23
A rising wedge is close to being finished, the price is going to break out.
A rising wedge provides a chart pattern that has an upward slope that can be used to signal a bearish price action once price breaks through the support.
USD/CAD hints a change to the downside to 1.349 as upside pressure alleviates.