was formed on 09.10 at 19:00:30 (UTC+0)
signal strength 3 of 5
signal strength 3 of 5
The Bearish Flag pattern has been formed on NZDCAD at M30. The lower boundary of the pattern is located at 0.8038/0.8046 while the upper boundary lies at 0.8048/0.8056. The projection of the flagpole is 25 points. This formation signals that the downward trend is most likely to continue. Therefore, if the level of 0.8038 is broken, the price will move further downwards.
Figure
Instrument
Timeframe
Trend
Signal Strength
