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Bullish Symmetrical Triangle
was formed on 06.06 at 22:18:11 (UTC+0)
signal strength 2 of 5

Bullish Symmetrical Triangle AUDJPY M15

According to the chart of M15, AUDJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 93.96/94.02 whereas the upper border goes across 94.07/94.02. 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 AUDJPY will breach the upper border to head for 94.25.

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

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