logo

FX.co ★ EURGBP M5: Bullish Symmetrical Triangle

EURGBP M5: Bullish Symmetrical Triangle

Bullish Symmetrical TriangleAccording to the chart of M5, EURGBP formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.8695 and 0.8691 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 4 pips. Outlook: If the upper border 0.8695 is broken, the price is likely to continue its move by 0.8708.
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