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Bullish Symmetrical Triangle
was formed on 05.08 at 06:55:59 (UTC+0)
signal strength 2 of 5

Bullish Symmetrical Triangle NZDCHF M15

According to the chart of M15, NZDCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.4761/0.4773 whereas the upper border goes across 0.4782/0.4773. 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 NZDCHF will breach the upper border to head for 0.4796.

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

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