signal strength 1 of 5
The Bearish Flag pattern has been formed on the chart USDCHF M5. Therefore, the downwards trend is likely to continue in the nearest term. As soon as the price breaks below the low at 0.8817, 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
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The Double Top reversal pattern has been formed on AUDCAD M5. Characteristics: the upper boundary 0.8908; the lower boundary 0.8893; the width of the pattern is 15 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has formed on the chart of the GBPCHF M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, AUDJPY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 93.81 and support 93.38
The M5 and M15 time frames may have more false entry points.
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