was formed on 23.05 at 06:32:41 (UTC+0)
signal strength 1 of 5
signal strength 1 of 5
According to the chart of M5, EURUSD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.1318 and support 1.1307. In case the resistance level 1.1318 - 1.1318 is broken, the instrument is likely to follow the bullish trend.
The M5 and M15 time frames may have more false entry points.
Figure
Instrument
Timeframe
Trend
Signal Strength
