FX.co ★ #FB M5: Bearish Symmetrical Triangle

According to the chart of M5, #FB formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 550.09/554.86 and upper border is 561.51/554.86. The pattern width is measured on the chart at -1142 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and #FB breaches the lower border, the price could continue its move toward 554.71.