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InstaForex Loprais Team - Official participant of the Dakar rally
InstaForex Loprais Team - Official participant of the Dakar rally
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Bullish Rectangle

Bullish Rectangle

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was formed on 02.06 at 07:11:21 (UTC+0)
signal strength 1 of 5
Bullish Rectangle GBPAUD M5

According to the chart of M5, GBPAUD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 2.0903 and support 2.0885. In case the resistance level 2.0903 - 2.0903 is broken, the instrument is likely to follow the bullish trend.

The M5 and M15 time frames may have more false entry points.

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