was formed on 09.05 at 04:05:35 (UTC+0)
signal strength 2 of 5
signal strength 2 of 5
According to the chart of M15, EURCAD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 1.5640, the lower border is 1.5616. The signal means that a short position should be opened after fixing a price below the lower border 1.5616 of the Bearish Rectangle.
The M5 and M15 time frames may have more false entry points.
Figure
Instrument
Timeframe
Trend
Signal Strength
