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FX.co ★ #PEP M5: Bullish Rectangle

#PEP M5: Bullish Rectangle

Bullish RectangleAccording to the chart of M5, #PEP formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 159.88, the lower border is 159.57. The signal means that a long position should be opened above the upper border 159.88 of the Bullish 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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