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FX.co ★ GBPAUD M5: Bearish Rectangle

GBPAUD M5: Bearish Rectangle

Bearish RectangleAccording to the chart of M5, GBPAUD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 2.0147, the lower border is 2.0131. The signal means that a short position should be opened after fixing a price below the lower border 2.0131 of the Bearish Rectangle.
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
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