was formed on 16.06 at 01:48:27 (UTC+0)
signal strength 1 of 5
signal strength 1 of 5
According to the chart of M5, EURJPY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 166.83 and support 166.64. In case the resistance level 166.83 - 166.83 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
