signal strength 1 of 5
The Bearish Flag pattern has been formed on #INTC at M5. The lower boundary of the pattern is located at 21.10/21.22 while the upper boundary lies at 21.20/21.32. The projection of the flagpole is 80 points. This formation signals that the downward trend is most likely to continue. Therefore, if the level of 21.10 is broken, the price will move further downwards.
The M5 and M15 time frames may have more false entry points.
See Also
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- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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According to M30, AUDUSD is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 0.6405/0.6411 is broken out, the instrument is likely to move toward
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According to M15, AUDUSD is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 0.6405/0.6411 is broken out, the instrument is likely to move toward
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, AUDCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 0.5334 and 0.5304 are the coordinates
The M5 and M15 time frames may have more false entry points.
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