FX.co ★ GBPCHF M5: Bullish Rectangle

GBPCHF M5: Bullish Rectangle

Bullish RectangleAccording to the chart of M5, GBPCHF formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 1.2691, the lower border is 1.2680. The signal means that a long position should be opened above the upper border 1.2691 of the Bullish Rectangle.
The M5 and M15 time frames may have more false entry points.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
Go to the patterns list Go to graph