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FX.co ★ USDCHF M5: Bullish Flag

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Technical Analysis Patterns

2024-12-12T19:11:17
Signal strength 1 of 5

USDCHF M5: Bullish Flag

Bullish FlagThe Bullish Flag pattern which signals continuation of a trend has been formed on the chart USDCHF M5. Forecast: if the price breaks above the pattern high at 0.8903, then traders will be able to place a long deal with the target at 0.8918.
The M5 and M15 time frames may have more false entry points.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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Other patterns by USDCHF