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Actual patterns

Bearish Rectangle

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was formed on 09.09 at 08:18:31 (UTC+0)
signal strength 4 of 5

According to the chart of H1, GBPCHF formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 1.0736 – 1.0736 and upper border 1.0753 – 1.0753. In case the lower border is broken, the instrument is likely to follow the downward trend.

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Instrument

Timeframe

Trend

Signal Strength

Bearish Rectangle