logo

FX.co ★ #MSFT M15: Bullish Symmetrical Triangle

#MSFT M15: Bullish Symmetrical Triangle

Bullish Symmetrical TriangleAccording to the chart of M15, #MSFT formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 427.59/430.67 whereas the upper border goes across 433.48/430.67. 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 #MSFT will breach the upper border to head for 430.89.
The M5 and M15 time frames may have more false entry points.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
Go to the patterns list Go to graph