FX.co ★ #MSFT M5: Bullish Symmetrical Triangle

According to the chart of M5, #MSFT formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 496.18/497.31 whereas the upper border goes across 498.13/497.31. 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 497.46.