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Bearish Rectangle

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was formed on 20.06 at 05:53:34 (UTC+0)
signal strength 3 of 5

According to the chart of M30, USDCHF formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.8171 - 0.0000 and support 0.8155 – 0.8155. In case the resistance level 0.8155 - 0.8155 is broken, the instrument is likely to follow the bearish trend.

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Bearish Rectangle