was formed on 25.03 at 01:16:00 (UTC+0)
signal strength 2 of 5
signal strength 2 of 5
According to the chart of M15, GBPJPY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 194.75 and support 194.64. In case the resistance level 194.75 - 194.75 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
