was formed on 03.09 at 13:53:12 (UTC+0)
signal strength 1 of 5
signal strength 1 of 5
According to the chart of M5, GBPJPY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 199.31 and support 199.15. In case the resistance level 199.31 - 199.31 is broken, the instrument is likely to follow the bullish trend.
The M5 and M15 time frames may have more false entry points.
Figure
Instrument
Timeframe
Trend
Signal Strength
