logo

FX.co ★ #PEP M15: Bullish Symmetrical Triangle

#PEP M15: Bullish Symmetrical Triangle

Bullish Symmetrical TriangleAccording to the chart of M15, #PEP formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 180.61 and 173.10 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 751 pips. Outlook: If the upper border 180.61 is broken, the price is likely to continue its move by 176.99.
The M5 and M15 time frames may have more false entry points.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
Go to the patterns list Go to graph