was formed on 30.05 at 10:51:48 (UTC+0)
signal strength 2 of 5
signal strength 2 of 5
According to the chart of M15, EURJPY formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 163.08 – 163.08 and upper border 163.37 – 163.37. In case the lower border is broken, the instrument is likely to follow the downward trend.
The M5 and M15 time frames may have more false entry points.
Figure
Instrument
Timeframe
Trend
Signal Strength
