signal strength 3 of 5
The Bearish Flag pattern has been formed on EURJPY at M30. The lower boundary of the pattern is located at 162.05/162.27 while the upper boundary lies at 162.33/162.55. The projection of the flagpole is 88 points. This formation signals that the downward trend is most likely to continue. Therefore, if the level of 162.05 is broken, the price will move further downwards.
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
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- USDCAD
- USDCHF
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The Triple Top pattern has formed on the chart of the EURCHF M15 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 0, support level -4
The M5 and M15 time frames may have more false entry points.
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On the chart of AUDCAD H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.8932; the lower boundary 0.8902; the width of the pattern 30 points
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The Bullish Flag pattern has been formed on AUDJPY at M5. The lower boundary of the pattern is located at 94.27/94.19, while the higher boundary lies at 94.35/94.27. The projection
The M5 and M15 time frames may have more false entry points.
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