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2024-04-02 20:00:00
A Price Action Symmetric Triangle pattern formation on the 15 Min time frame chart supports NZDCAD Bullish bias. A break of 0.80980 will support the rise towards the target of 0.81055 the break of 0.81055 would push the price to 0.81105.
SUPPORT AND RESISTANCE LEVELS
- Pivot Point 0.81243
- Support S1: 0.81226, S2: 0.81213 , S3: 0.81196
- Resistance R1: 0.81256 , R2: 0.81273 , R3: 0.81286
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Age 291 BarsFull view
Symmetric Triangle
A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. It can also be referred to as a coil, usually forms during a trend as a continuation pattern. The pattern contains at least two lower highs and two higher lows
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