was formed on 08.05 at 21:20:29 (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 86.17 and support 86.03. In case the resistance level 86.17 - 86.17 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
