was formed on 12.05 at 06:31:30 (UTC+0)
signal strength 2 of 5
signal strength 2 of 5
According to the chart of M15, USDJPY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 146.29 and support 145.72. In case the resistance level 146.29 - 146.29 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
