Bearish Flag
was formed on 10.12 at 08:36:33 (UTC+0)
signal strength 3 of 5
The Bearish Flag pattern has been formed on NZDCHF at M30. The lower boundary of the pattern is located at 0.5106/0.5114 while the upper boundary lies at 0.5116/0.5124. The projection of the flagpole is 30 points. This formation signals that the downward trend is most likely to continue. Therefore, if the level of 0.5106 is broken, the price will move further downwards.
Figure
Instrument
Timeframe
Trend
Signal Strength