was formed on 20.08 at 18:56:15 (UTC+0)
signal strength 1 of 5
signal strength 1 of 5
According to the chart of M5, #NTDOY formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 23.28 - 0.00 and support 23.20 – 23.20. In case the resistance level 23.20 - 23.20 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
