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Bearish Rectangle
was formed on 09.07 at 18:50:02 (UTC+0)
signal strength 1 of 5

Bearish Rectangle #PEP M5

According to the chart of M5, #PEP formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 133.83, the lower border is 132.94. The signal means that a short position should be opened after fixing a price below the lower border 132.94 of the Bearish Rectangle.

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

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