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Bearish Symmetrical Triangle
was formed on 21.05 at 06:17:36 (UTC+0)
signal strength 3 of 5

Bearish Symmetrical Triangle AUDJPY M30

According to the chart of M30, AUDJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 92.44/92.66 and upper border is 92.96/92.66. The pattern width is measured on the chart at -52 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and AUDJPY breaches the lower border, the price could continue its move toward 92.36.

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