signal strength 2 of 5
The Bearish Flag pattern has been formed on USDCHF at M15. The lower boundary of the pattern is located at 0.8206/0.8222 while the upper boundary lies at 0.8224/0.8240. The projection of the flagpole is 43 points. This formation signals that the downward trend is most likely to continue. Therefore, if the level of 0.8206 is broken, the price will move further downwards.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- #AAPL
- #AMZN
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- AUDUSD
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- EURJPY
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- EURRUB
- EURUSD
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- GBPJPY
- GBPUSD
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- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
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- USDCHF
- USDJPY
- USDRUB
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The Bearish pennant pattern has formed on the #GOOG M5 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the #AAPL M30 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 194.47 is broken through. Recommendations: Place
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According to the chart of M5, USDJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 142.47/142.72 and upper border is 142.93/142.72. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
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