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Actual patterns

Bearish Rectangle

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was formed on 04.09 at 02:00:53 (UTC+0)
signal strength 4 of 5

According to the chart of H1, GBPAUD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 2.0481 – 2.0481 and upper border 2.0554 – 2.0554. In case the lower border is broken, the instrument is likely to follow the downward trend.

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Signal Strength

Bearish Rectangle