logo

FX.co ★ NZDCHF M5: Bullish Rectangle

NZDCHF M5: Bullish Rectangle

Bullish RectangleThe Bullish Rectangle has formed on the NZDCHF M5 chart. This is a trend continuation pattern bounded by the lower boundary at 0.4651–0.4651 and the upper boundary at 0.4660–0.4660. A breakout above the upper boundary is likely to signal a continuation of the uptrend.
The M5 and M15 time frames may generate more false entry signals.
*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