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FX.co ★ GBPAUD M5: Bearish Symmetrical Triangle

GBPAUD M5: Bearish Symmetrical Triangle

Bearish Symmetrical TriangleAccording to the chart of M5, GBPAUD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 2.0501 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -51 pips.
The M5 and M15 time frames may have more false entry points.
*L'analyse de marché présentée est de nature informative et n'est pas une incitation à effectuer une transaction
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