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FX.co ★ GBPJPY M15: Bearish Flag

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Technical Analysis Patterns

2022-12-02T03:20:39
Signal strength 2 of 5

GBPJPY M15: Bearish Flag

Bearish FlagThe Bearish Flag pattern has been formed on the chart GBPJPY M15. Therefore, the downwards trend is likely to continue in the nearest term. As soon as the price breaks below the low at 165.47, traders should enter the market.
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 GBPJPY