Bearish Rectangle
was formed on 15.09 at 02:27:30 (UTC+0)
signal strength 3 of 5
According to the chart of M30, NZDCHF formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.4743 - 0.0000 and support 0.4735 – 0.4735. In case the resistance level 0.4735 - 0.4735 is broken, the instrument is likely to follow the bearish trend.
Figure
Instrument
Timeframe
Trend
Signal Strength