
According to the chart of M5, #FB formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 716.45 and 709.26 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 719 pips. Outlook: If the upper border 716.45 is broken, the price is likely to continue its move by 712.99.
The M5 and M15 time frames may have more false entry points.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade