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Actual patterns

Bullish Rectangle

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was formed on 08.04 at 08:41:05 (UTC+0)
signal strength 1 of 5

According to the chart of M5, AUDJPY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 89.54 and support 89.10. In case the resistance level 89.54 - 89.54 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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Figure

Instrument

Timeframe

Trend

Signal Strength

Bullish Rectangle