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Bullish Rectangle
was formed on 25.03 at 01:16:00 (UTC+0)
signal strength 2 of 5

Bullish Rectangle GBPJPY M15

According to the chart of M15, GBPJPY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 194.75 and support 194.64. In case the resistance level 194.75 - 194.75 is broken, the instrument is likely to follow the bullish trend.

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

Figure
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Instrument
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  • Bearish Rectangle
  • Bearish Symmetrical Triangle
  • Bearish Symmetrical Triangle
  • Bullish Rectangle
  • Double Top
  • Double Top
  • Triple Bottom
  • Triple Bottom
  • Triple Top
  • Triple Top
Timeframe
  • All
Trend
  • All
  • Buy
  • Sale
Signal Strength
  • All
  • 1
  • 2
  • 3
  • 4
  • 5
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