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FX.co ★ EURJPY M30: Bearish Symmetrical Triangle

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Technical Analysis Patterns

2024-05-03T20:36:13
Signal strength 3 of 5

EURJPY M30: Bearish Symmetrical Triangle

Bearish Symmetrical TriangleAccording to the chart of M30, EURJPY formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 163.99 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -89 pips.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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Other patterns by EURJPY