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FX.co ★ #EBAY M5: Bullish Symmetrical Triangle

#EBAY M5: Bullish Symmetrical Triangle

Bullish Symmetrical TriangleThe Bullish Symmetrical Triangle pattern has formed on the #EBAY M5 chart. Its lower boundary passes through 120.13/120.94, while its upper boundary passes through 122.14/120.94. The Bullish Symmetrical Triangle is a continuation pattern and therefore supports a further rise. If confirmed, #EBAY is expected to break the upper boundary and move toward 121.09.
The M5 and M15 time frames may generate more false entry signals.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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