AUDJPY M15 Bullish Symmetrical Triangle

According to the chart of M15, AUDJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 107.08/106.74 whereas the lower border goes across 106.48/106.74. The pattern width is measured on the chart at 60 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 106.74 is broken, the price could continue its move toward 106.96.