was formed on 28.04 at 10:27:29 (UTC+0)
signal strength 1 of 5
signal strength 1 of 5
According to the chart of M5, GBPJPY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 191.30 and support 191.06. In case the resistance level 191.30 - 191.30 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
