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FX.co ★ AUDCHF M5: Bullish Flag

AUDCHF M5: Bullish Flag

Bullish FlagThe Bullish Flag pattern has formed on the AUDCHF M5 chart, signaling a likely continuation of the uptrend. A break above the pattern high at 0.5690 may send the price higher by a distance corresponding to the height of the flagpole.
The M5 and M15 time frames may generate more false entry signals.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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