The Bullish Symmetrical Triangle pattern has formed on the EURUSD M5 chart. This is a trend continuation pattern. Its upper and lower boundaries are at 1.1513 and 1.1504, respectively. The pattern width is 9 points. If the price breaks above the upper boundary at 1.1513, it is likely to move toward 1.1523. The M5 and M15 time frames may generate more false entry signals.