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Bearish Rectangle
was formed on 05.06 at 02:55:43 (UTC+0)
signal strength 1 of 5

Bearish Rectangle NZDCHF M5

According to the chart of M5, NZDCHF formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.4926 – 0.4926 and upper border 0.4935 – 0.4935. In case the lower border is broken, the instrument is likely to follow the downward trend.

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

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Instrument
Timeframe
Trend
Signal Strength
 
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