FX.co ★ EURJPY M30: Bullish Symmetrical Triangle

EURJPY M30: Bullish Symmetrical Triangle

Bullish Symmetrical TriangleAccording to the chart of M30, EURJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 128.21/127.85 whereas the lower border goes across 127.41/127.85. The pattern width is measured on the chart at 80 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 127.85 is broken, the price could continue its move toward 128.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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