signal strength 1 of 5
The Bearish Flag pattern has been formed on USDCAD at M5. The lower boundary of the pattern is located at 1.3715/1.3719 while the upper boundary lies at 1.3719/1.3723. The projection of the flagpole is 16 points. This formation signals that the downward trend is most likely to continue. Therefore, if the level of 1.3715 is broken, the price will move further downwards.
The M5 and M15 time frames may have more false entry points.
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- Flag
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- Pennant
- Rectangle
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- Triple top
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The Double Bottom pattern has been formed on GBPCHF M5. Characteristics: the support level 1.0662; the resistance level 1.0700; the width of the pattern 38 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Bearish Flag pattern has been formed on the chart AUDCHF M5 which signals that the downward trend will continue. If the price breaks below the low at 0.5193, then
The M5 and M15 time frames may have more false entry points.
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The Bearish pennant pattern has formed on the AUDCHF M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 0.5193 is broken through. Recommendations: Place
The M5 and M15 time frames may have more false entry points.
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