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Actual patterns

Bearish Flag

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was formed on 05.05 at 20:52:49 (UTC+0)
signal strength 2 of 5

The Bearish Flag pattern has been formed on the chart NZDJPY M15. Therefore, the downwards trend is likely to continue in the nearest term. As soon as the price breaks below the low at 85.81, traders should enter the market.

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

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Timeframe

Trend

Signal Strength

Bearish Flag