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InstaForex - Official partner of Dragon Racing
InstaForex - Official partner of Dragon Racing
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Bullish Rectangle

Bullish Rectangle

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was formed on 26.03 at 01:00:45 (UTC+0)
signal strength 2 of 5
Bullish Rectangle GBPCHF M15

According to the chart of M15, GBPCHF formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.1425 and support 1.1415. In case the resistance level 1.1425 - 1.1425 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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