FX.co ★ #EBAY M5: Bearish Symmetrical Triangle

According to the chart of M5, #EBAY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 51.50/51.74 and upper border is 51.95/51.74. The pattern width is measured on the chart at -45 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and #EBAY breaches the lower border, the price could continue its move toward 51.59.