signal strength 1 of 5
The Bearish Flag pattern has been formed on the chart USDCAD M5. Therefore, the downwards trend is likely to continue in the nearest term. As soon as the price breaks below the low at 1.3949, 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
- GOLD
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
- SILVER
- USDCAD
- USDCHF
- USDJPY
- USDRUB
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- M5
- M15
- M30
- H1
- D1
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- Buy
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The Bullish pennant signal – Trading instrument GBPCHF M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 1.0811, with the prospect
The M5 and M15 time frames may have more false entry points.
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The Double Bottom pattern has been formed on GBPAUD M5. Characteristics: the support level 2.0734; the resistance level 2.0762; the width of the pattern 28 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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The Double Top reversal pattern has been formed on GBPAUD M15. Characteristics: the upper boundary 2.0760; the lower boundary 2.0734; the width of the pattern is 28 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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