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Bullish Rectangle
was formed on 25.03 at 00:41:00 (UTC+0)
signal strength 1 of 5

Bullish Rectangle GBPJPY M5

According to the chart of M5, GBPJPY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 194.75 and support 194.64. In case the resistance level 194.75 - 194.75 is broken, the instrument is likely to follow the bullish trend.

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

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