empty
You are about to be redirected to
www.instaforex.com
The services on this website better suit your location
 
 
Open Account

Bullish Symmetrical Triangle
was formed on 29.07 at 06:18:11 (UTC+0)
signal strength 1 of 5

Bullish Symmetrical Triangle EURJPY M5

According to the chart of M5, EURJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 123.10/123.21 whereas the upper border goes across 123.29/123.21. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of EURJPY will breach the upper border to head for 123.36.

The M5 and M15 time frames may have more false entry points.

Back
Figure
Instrument
Timeframe
Trend
Signal Strength
 
You are now leaving www.instaforex.eu, a website operated by INSTANT TRADING EU LTD
Can't speak right now?
Ask your question in the chat.