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Bearish Flag
was formed on 11.11 at 16:39:08 (UTC+0)
signal strength 3 of 5

Bearish Flag EURUSD M30

The Bearish Flag pattern has been formed on EURUSD at M30. The lower boundary of the pattern is located at 1.0636/1.0652 while the upper boundary lies at 1.0660/1.0676. The projection of the flagpole is 52 points. This formation signals that the downward trend is most likely to continue. Therefore, if the level of 1.0636 is broken, the price will move further downwards.

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