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FX.co ★ GBPJPY M5: Bearish Rectangle

GBPJPY M5: Bearish Rectangle

Bearish RectangleAccording to the chart of M5, GBPJPY formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 192.47, the lower border is 192.03. The signal means that a short position should be opened after fixing a price below the lower border 192.03 of the Bearish Rectangle.
The M5 and M15 time frames may have more false entry points.
*L'analyse de marché présentée est de nature informative et n'est pas une incitation à effectuer une transaction
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