Bullish Rectangle
was formed on 22.04 at 17:40:16 (UTC+0)
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 84.40 and support 84.26. In case the resistance level 84.40 - 84.40 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