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was formed on 14.04 at 20:47:04 (UTC+0)
signal strength 3 of 5
Bearish Flag EURJPY M30

The Bearish Flag pattern has been formed on EURJPY at M30. The lower boundary of the pattern is located at 162.05/162.27 while the upper boundary lies at 162.33/162.55. The projection of the flagpole is 88 points. This formation signals that the downward trend is most likely to continue. Therefore, if the level of 162.05 is broken, the price will move further downwards.

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Figure
Instrument
Timeframe
Trend
Signal Strength
 
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