Bearish Rectangle
was formed on 28.03 at 06:01:22 (UTC+0)
signal strength 1 of 5

According to the chart of M5, USDJPY formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 150.88 - 0.00 and support 150.72 – 150.72. In case the resistance level 150.72 - 150.72 is broken, the instrument is likely to follow the bearish trend.
The M5 and M15 time frames may have more false entry points.
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- Bearish Rectangle
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- Bearish Symmetrical Triangle
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