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2024-04-05 02:00:00
A Price Action Symmetric Triangle pattern formation on the 15 Min time frame chart supports GBPNZD Bullish bias. A break of 2.09860 will support the rise towards the target of 2.10070 the break of 2.10070 would push the price to 2.10210.
SUPPORT AND RESISTANCE LEVELS
- Pivot Point 2.1133
- Support S1: 2.1132, S2: 2.1131 , S3: 2.113
- Resistance R1: 2.1134 , R2: 2.1135 , R3: 2.1136
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Age 4 BarsFull view
Symmetric Triangle
A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. It can also be referred to as a coil, usually forms during a trend as a continuation pattern. The pattern contains at least two lower highs and two higher lows
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