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Actual patterns

Bearish Rectangle

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was formed on 06.05 at 09:01:14 (UTC+0)
signal strength 4 of 5

According to the chart of H1, USDJPY formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 143.55 – 143.55 and upper border 144.28 – 144.28. In case the lower border is broken, the instrument is likely to follow the downward trend.

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Bearish Rectangle