Bearish Rectangle
was formed on 18.04 at 13:00:27 (UTC+0)
signal strength 3 of 5
According to the chart of M30, EURGBP formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.8574 - 0.0000 and support 0.8555 – 0.8555. In case the resistance level 0.8555 - 0.8555 is broken, the instrument is likely to follow the bearish trend.
Figure
Instrument
Timeframe
Trend
Signal Strength
