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Bearish Rectangle
was formed on 19.05 at 01:03:37 (UTC+0)
signal strength 1 of 5

Bearish Rectangle NZDJPY M5

According to the chart of M5, NZDJPY formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 85.50, the lower border is 85.36. The signal means that a short position should be opened after fixing a price below the lower border 85.36 of the Bearish Rectangle.

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

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