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Bullish Symmetrical Triangle
was formed on 12.11 at 08:40:21 (UTC+0)
signal strength 1 of 5

Bullish Symmetrical Triangle GBPJPY M5

According to the chart of M5, GBPJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 203.23 and 203.01 are the coordinates of the upper and lower borders respectively. The pattern width is measured on the chart at 22 pips. Outlook: If the upper border 203.23 is broken, the price is likely to continue its move by 203.27.

The M5 and M15 time frames may have more false entry points.

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