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Bullish Flag
was formed on 05.03 at 13:00:39 (UTC+0)
signal strength 3 of 5

Bullish Flag EURUSD M30

The Bullish Flag pattern has been formed on EURUSD at M30. The lower boundary of the pattern is located at 1.0683/1.0635, while the higher boundary lies at 1.0739/1.0691. The projection of the flagpole is 115 points. This formation signals that the upward trend is most likely to continue. Therefore, if the level of 1.0739 is broken, the price will move further upwards.

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