Bullish Symmetrical Triangle
was formed on 17.08 at 23:38:02 (UTC+0)
signal strength 3 of 5
According to the chart of M30, GBPUSD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 1.3593/1.3559 whereas the lower border goes across 1.3514/1.3559. The pattern width is measured on the chart at 79 pips. If the Bullish Symmetrical Triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 1.3559 is broken, the price could continue its move toward 1.3589.
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