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Bullish Rectangle
was formed on 16.06 at 10:23:18 (UTC+0)
signal strength 1 of 5

Bullish Rectangle GBPUSD M5

According to the chart of M5, GBPUSD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.3591 and support 1.3576. In case the resistance level 1.3591 - 1.3591 is broken, the instrument is likely to follow the bullish 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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