FX.co ★ #EBAY M5: Bearish Symmetrical Triangle

According to the chart of M5, #EBAY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 43.89/0.00 and upper border is 43.70/0.00. The pattern width is measured on the chart at 19 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 #EBAY breaches the lower border, the price could continue its move toward 43.74.