The M5 and M15 time frames may have more false entry points.
FX.co ★ EURUSD M15: Bearish Rectangle
Signal strength 2 of 5
EURUSD M15: Bearish Rectangle
According to the chart of M15, EURUSD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 0.9774, the lower border is 0.9736. The signal means that a short position should be opened after fixing a price below the lower border 0.9736 of the Bearish Rectangle.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade