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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. Description: This is the pattern of a trend continuation. 123.29 and 123.10 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 19 pips. Outlook: If the upper border 123.29 is broken, the price is likely to continue its move by 123.36 pips.

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

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