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Bearish Flag
was formed on 04.04 at 03:26:08 (UTC+0)
signal strength 1 of 5

Bearish Flag AUDCAD M5

The Bearish Flag pattern has been formed on the chart AUDCAD M5 which signals that the downward trend will continue. If the price breaks below the low at 0.8881, then it is most likely to move further downwards. The price will likely move by the number of points which equals the length of the flag pole (10 points).

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

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