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Actual patterns

Bearish Symmetrical Triangle

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was formed on 02.09 at 01:00:11 (UTC+0)
signal strength 4 of 5

According to the chart of H1, GBPAUD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 2.0594/2.0646 and upper border is 2.0715/2.0646. The pattern width is measured on the chart at -121 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 GBPAUD breaches the lower border, the price could continue its move toward 2.0606.

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Bearish Symmetrical Triangle