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Bearish Flag
was formed on 12.06 at 20:23:26 (UTC+0)
signal strength 1 of 5

Bearish Flag GBPCHF M5

The Bearish Flag pattern has been formed on GBPCHF at M5. The lower boundary of the pattern is located at 1.1026/1.1032 while the upper boundary lies at 1.1030/1.1036. The projection of the flagpole is 15 points. This formation signals that the downward trend is most likely to continue. Therefore, if the level of 1.1026 is broken, the price will move further downwards.

The M5 and M15 time frames may have more false entry points.

वापस
Figure
Instrument
Timeframe
Trend
Signal Strength
 
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