FX.co ★ #MSFT H1: Bearish Symmetrical Triangle

According to the chart of H1, #MSFT formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 377.44/386.30 and upper border is 395.49/386.30. The pattern width is measured on the chart at -1805 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 #MSFT breaches the lower border, the price could continue its move toward 385.90.