Bullish Rectangle
was formed on 16.04 at 14:30:25 (UTC+0)
signal strength 2 of 5
According to the chart of M15, NZDUSD formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 0.5903 – 0.5903 and upper border 0.5925 – 0.5925. In case the upper border is broken, the instrument is likely to follow the upward trend.
The M5 and M15 time frames may have more false entry points.