The M5 and M15 time frames may have more false entry points.
FX.co ★ EURGBP M15: Bullish Symmetrical Triangle
Signal strength 2 of 5
EURGBP M15: Bullish Symmetrical Triangle
According to the chart of M15, EURGBP formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.8344/0.8356 whereas the upper border goes across 0.8372/0.8356. 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 EURGBP will breach the upper border to head for 0.8378.
*L'analyse de marché présentée est de nature informative et n'est pas une incitation à effectuer une transaction