Bearish Flag
was formed on 27.05 at 04:02:58 (UTC+0)
signal strength 3 of 5
The Bearish Flag pattern has been formed on AUDCHF at M30. The lower boundary of the pattern is located at 0.5306/0.5320 while the upper boundary lies at 0.5322/0.5336. The projection of the flagpole is 27 points. This formation signals that the downward trend is most likely to continue. Therefore, if the level of 0.5306 is broken, the price will move further downwards.
Figure
Instrument
Timeframe
Trend
Signal Strength
