signal strength 1 of 5
The Bearish Flag pattern has been formed on the chart AUDCAD M5 which signals that the downward trend will continue. If the price breaks below the low at 0.8881, then it is most likely to move further downwards. The price will likely move by the number of points which equals the length of the flag pole (10 points).
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
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- EURCAD
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- EURJPY
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- EURRUB
- EURUSD
- GBPAUD
- GBPCHF
- GBPJPY
- GBPUSD
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- NZDCAD
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- NZDUSD
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- USDRUB
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On the chart of GBPUSD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.3447; the lower boundary 1.3428; the width of the pattern 19 points
The M5 and M15 time frames may have more false entry points.
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According to the chart of M5, GBPCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 1.1008 and 1.0935 are the coordinates
The M5 and M15 time frames may have more false entry points.
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On the chart of EURCAD M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.5739; the lower boundary 1.5723; the width of the pattern 16 points
The M5 and M15 time frames may have more false entry points.
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