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was formed on 09.04 at 18:48:14 (UTC+0)
signal strength 2 of 5
Bearish Rectangle GBPJPY M15

According to the chart of M15, GBPJPY formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 185.46 - 0.00 and support 184.35 – 184.35. In case the resistance level 184.35 - 184.35 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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