was formed on 07.05 at 17:41:07 (UTC+0)
signal strength 1 of 5
signal strength 1 of 5
According to the chart of M5, EURGBP formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.8506 - 0.0000 and support 0.8495 – 0.8495. In case the resistance level 0.8495 - 0.8495 is broken, the instrument is likely to follow the bearish trend.
The M5 and M15 time frames may have more false entry points.
Figure
Instrument
Timeframe
Trend
Signal Strength
