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, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 439.87/436.40 whereas the lower border goes across 432.74/436.40. The pattern width is measured on the chart at 713 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 436.40 is broken, the price could continue its move toward 436.63.
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