Bullish Symmetrical Triangle
was formed on 01.07 at 23:10:04 (UTC+0)
signal strength 1 of 5

Bullish Symmetrical Triangle NZDJPY M5

According to the chart of M5, NZDJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 69.68/69.56 whereas the lower border goes across 69.45/69.56. The pattern width is measured on the chart at 23 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 69.56 is broken, the price could continue its move toward 69.

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

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