FX.co ★ #NTDOY H1: Bearish Symmetrical Triangle

According to the chart of H1, #NTDOY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 78.05/79.33 and upper border is 80.99/79.33. The pattern width is measured on the chart at -294 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 #NTDOY breaches the lower border, the price could continue its move toward 78.93.