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Actual patterns

Bullish Rectangle

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was formed on 24.03 at 04:25:08 (UTC+0)
signal strength 1 of 5

According to the chart of M5, GBPJPY formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 193.56 – 193.56 and upper border 193.72 – 193.72. In case the upper border is broken, the instrument is likely to follow the upward trend.

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

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Instrument

Timeframe

Trend

Signal Strength

Bullish Rectangle