was formed on 17.03 at 00:59:27 (UTC+0)
signal strength 3 of 5
signal strength 3 of 5
According to the chart of M30, EURJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 160.03/161.70 and upper border is 163.07/161.70. The pattern width is measured on the chart at -304 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and EURJPY breaches the lower border, the price could continue its move toward 161.40.
Figure
Instrument
Timeframe
Trend
Signal Strength
