logo

FX.co ★ #MA M5: Bullish Rectangle

#MA M5: Bullish Rectangle

Bullish RectangleAccording to the chart of M5, #MA formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 528.27 – 528.27 and upper border 530.89 – 530.89. In case the upper border is broken, the instrument is likely to follow the upward trend.
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
Go to the patterns list Go to graph