Bearish Rectangle
was formed on 03.01 at 13:27:26 (UTC+0)
signal strength 3 of 5
According to the chart of M30, GBPAUD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 1.9911 – 1.9911 and upper border 1.9974 – 1.9974. In case the lower border is broken, the instrument is likely to follow the downward trend.
Figure
Instrument
Timeframe
Trend
Signal Strength