was formed on 02.09 at 14:01:05 (UTC+0)
signal strength 1 of 5
signal strength 1 of 5
According to the chart of M5, NZDCAD formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.8071 - 0.0000 and support 0.8053 – 0.8053. In case the resistance level 0.8053 - 0.8053 is broken, the instrument is likely to follow the bearish trend.
The M5 and M15 time frames may have more false entry points.
Figure
Instrument
Timeframe
Trend
Signal Strength