FX.co ★ #INTC H1: Bearish Symmetrical Triangle

According to the chart of H1, #INTC formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 44.97/46.17 and upper border is 47.76/46.17. The pattern width is measured on the chart at -279 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 #INTC breaches the lower border, the price could continue its move toward 45.77.