Bearish Rectangle
was formed on 09.07 at 18:50:04 (UTC+0)
signal strength 1 of 5

According to the chart of M5, #PEP formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 133.83 - 0.00 and support 132.94 – 132.94. In case the resistance level 132.94 - 132.94 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