signal strength 1 of 5
The Bearish Flag pattern has been formed on USDCAD at M5. The lower boundary of the pattern is located at 1.3715/1.3719 while the upper boundary lies at 1.3719/1.3723. The projection of the flagpole is 16 points. This formation signals that the downward trend is most likely to continue. Therefore, if the level of 1.3715 is broken, the price will move further downwards.
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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- #AAPL
- #AMZN
- #Bitcoin
- #EBAY
- #FB
- #GOOG
- #INTC
- #KO
- #MA
- #MCD
- #MSFT
- #NTDOY
- #PEP
- #TSLA
- #TWTR
- 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
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The Bullish pennant signal – Trading instrument #TSLA M15, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 330.45, with the prospect
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant signal – Trading instrument #TSLA M15, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 330.45, with the prospect
The M5 and M15 time frames may have more false entry points.
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The Bullish pennant signal – Trading instrument #NTDOY M5, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 21.86, with the prospect
The M5 and M15 time frames may have more false entry points.
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