Bullish Symmetrical Triangle
was formed on 27.08 at 00:53:31 (UTC+0)
signal strength 4 of 5
According to the chart of H1, NZDJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 85.87/86.30 whereas the upper border goes across 86.61/86.30. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of NZDJPY will breach the upper border to head for 86.70.
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