FX.co ★ #MA H1: Bearish Flag
Signal strength 4 of 5
#MA H1: Bearish Flag
The Bearish Flag pattern has been formed on the chart #MA H1 which signals that the downward trend will continue. If the price breaks below the low at 294.33, 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 (20 points).
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade