FX.co ★ USDCHF M15: Bearish Symmetrical Triangle

According to the chart of M15, USDCHF formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.9041/0.9058 and upper border is 0.9083/0.9058. The pattern width is measured on the chart at -42 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 USDCHF breaches the lower border, the price could continue its move toward 0.9036.