was formed on 09.05 at 14:23:00 (UTC+0)
signal strength 1 of 5
signal strength 1 of 5
According to the chart of M5, EURGBP formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.8477 - 0.0000 and support 0.8469 – 0.8469. In case the resistance level 0.8469 - 0.8469 is broken, the instrument is likely to follow the bearish trend.
The M5 and M15 time frames may have more false entry points.
Figure
Instrument
Timeframe
Trend
Signal Strength
