was formed on 31.07 at 20:13:23 (UTC+0)
signal strength 1 of 5
signal strength 1 of 5
According to the chart of M5, NZDJPY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 88.84 and support 88.64. In case the resistance level 88.84 - 88.84 is broken, the instrument is likely to follow the bullish trend.
The M5 and M15 time frames may have more false entry points.
Figure
Instrument
Timeframe
Trend
Signal Strength
