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Actual patterns

Bearish Rectangle

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was formed on 02.06 at 16:03:51 (UTC+0)
signal strength 5 of 5

According to the chart of D1, #PEP formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 132.70 - 0.00 and support 127.74 – 127.74. In case the resistance level 127.74 - 127.74 is broken, the instrument is likely to follow the bearish trend.

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Signal Strength

Bearish Rectangle