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FX.co ★ GBPCHF M5: Bullish Symmetrical Triangle

GBPCHF M5: Bullish Symmetrical Triangle

Bullish Symmetrical TriangleThe Bullish Symmetrical Triangle pattern has formed on the GBPCHF M5 chart. This is a trend continuation pattern. Its upper and lower boundaries are at 1.0922 and 1.0914, respectively. The pattern width is 8 points. If the price breaks above the upper boundary at 1.0922, it is likely to move toward 1.0933.
The M5 and M15 time frames may generate more false entry signals.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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