logo

FX.co ★ GBPJPY M5: Bullish Symmetrical Triangle

GBPJPY M5: Bullish Symmetrical Triangle

Bullish Symmetrical TriangleAccording to the chart of M5, GBPJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 205.91 and 205.79 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 12 pips. Outlook: If the upper border 205.91 is broken, the price is likely to continue its move by 206.00.
The M5 and M15 time frames may have more false entry points.
*L'analyse de marché présentée est de nature informative et n'est pas une incitation à effectuer une transaction
Go to the patterns list Go to graph