signal strength 1 of 5
The Bearish Flag pattern has been formed on the chart AUDCAD M5. Therefore, the downwards trend is likely to continue in the nearest term. As soon as the price breaks below the low at 0.8835, traders should enter the market.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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On the chart of the GBPCHF M15 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak
The M5 and M15 time frames may have more false entry points.
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On the chart of AUDCHF M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.5230; the lower boundary 0.5223; the width of the pattern 7 points
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has been formed on AUDCAD M5. It has the following characteristics: resistance level 0.8915/0.8912; support level 0.8906/0.8905; the width is 9 points. In the event
The M5 and M15 time frames may have more false entry points.
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