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Bullish Rectangle
was formed on 29.07 at 20:51:58 (UTC+0)
signal strength 1 of 5

Bullish Rectangle EURJPY M5

According to the chart of M5, EURJPY formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 123.54 – 123.54 and upper border 123.74 – 123.74. 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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