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Actual patterns

Bearish Rectangle

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was formed on 30.04 at 16:31:32 (UTC+0)
signal strength 3 of 5

According to the chart of M30, EURCAD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 1.5711 – 1.5711 and upper border 1.5756 – 1.5756. In case the lower border is broken, the instrument is likely to follow the downward trend.

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Bearish Rectangle