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was formed on 11.04 at 00:26:55 (UTC+0)
signal strength 1 of 5
Bearish Rectangle EURCHF M5

According to the chart of M5, EURCHF formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.9219 – 0.9219 and upper border 0.9239 – 0.9239. In case the lower border is broken, the instrument is likely to follow the downward trend.

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

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Figure
Instrument
Timeframe
Trend
Signal Strength
 
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