According to the chart of H1, USDJPY formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 144.21, the lower border is 142.08. The signal means that a short position should be opened after fixing a price below the lower border 142.08 of the Bearish Rectangle. FX.co ★ USDJPY H1: Bearish Rectangle
Signal strength 4 of 5
USDJPY H1: Bearish Rectangle
According to the chart of H1, USDJPY formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 144.21, the lower border is 142.08. The signal means that a short position should be opened after fixing a price below the lower border 142.08 of the Bearish Rectangle. *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade