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Bearish Rectangle
was formed on 26.06 at 23:16:25 (UTC+0)
signal strength 2 of 5

Bearish Rectangle AUDCAD M15

According to the chart of M15, AUDCAD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.8921 – 0.8921 and upper border 0.8936 – 0.8936. In case the lower border is broken, the instrument is likely to follow the downward trend.

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

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Instrument
Timeframe
Trend
Signal Strength
 
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