signal strength 2 of 5
The Bearish Flag pattern has been formed on the chart AUDJPY M15 which signals that the downward trend will continue. If the price breaks below the low at 90.01, 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 (15 points).
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
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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
- All
- M5
- M15
- M30
- H1
- D1
- All
- Buy
- Sale
- All
- 1
- 2
- 3
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- 5
The Double Top reversal pattern has been formed on NZDJPY M30. Characteristics: the upper boundary 87.22; the lower boundary 86.90; the width of the pattern is 34 points. Sell trades
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The Double Top reversal pattern has been formed on NZDJPY H1. Characteristics: the upper boundary 87.22; the lower boundary 86.90; the width of the pattern is 34 points. Sell trades
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The Triple Top pattern has formed on the chart of the GBPUSD M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -2, support level -2
The M5 and M15 time frames may have more false entry points.
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