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Bullish pennant
was formed on 07.05 at 15:02:22 (UTC+0)
signal strength 2 of 5

Bullish pennant USDCAD M15

The Bullish pennant pattern is formed on the USDCAD M15 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 1.3805, a further uptrend is possible.

The M5 and M15 time frames may have more false entry points.

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