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 1.4283/1.4301 while the upper boundary lies at 1.4299/1.4317. The projection of the flagpole is 35 points. This formation signals that the downward trend is most likely to continue. Therefore, if the level of 1.4283 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
- All
- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- AUDCAD
- AUDCHF
- AUDJPY
- AUDUSD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
- EURNZD
- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
- All
- M5
- M15
- M30
- H1
- D1
- All
- Buy
- Sale
- All
- 1
- 2
- 3
- 4
- 5
According to the chart of M5, EURJPY formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 161.50/161.24
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
On the chart of NZDJPY H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 83.80; the lower boundary 82.60; the width of the pattern 120 points
Open chart in a new window
The GBPJPY M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 189.39, the Neckline and the upward angle are at 188.41/188.34. The formation
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
