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Bearish Symmetrical Triangle
was formed on 20.05 at 05:51:25 (UTC+0)
signal strength 1 of 5

Bearish Symmetrical Triangle EURGBP M5

According to the chart of M5, EURGBP formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 0.8407 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -8 pips.

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

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