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Bearish Rectangle
was formed on 31.03 at 13:09:25 (UTC+0)
signal strength 1 of 5

Bearish Rectangle AUDJPY M5

According to the chart of M5, AUDJPY formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 93.33 - 0.00 and support 93.14 – 93.14. In case the resistance level 93.14 - 93.14 is broken, the instrument is likely to follow the bearish trend.

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

Figure
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Instrument
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  • Bearish Rectangle
  • Bearish Symmetrical Triangle
  • Bearish Symmetrical Triangle
  • Bullish Rectangle
  • Double Top
  • Double Top
  • Triple Bottom
  • Triple Bottom
  • Triple Top
  • Triple Top
Timeframe
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Trend
  • All
  • Buy
  • Sale
Signal Strength
  • All
  • 1
  • 2
  • 3
  • 4
  • 5
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