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FX.co ★ #FB M5: Bullish Flag

#FB M5: Bullish Flag

Bullish FlagThe Bullish Flag pattern has formed on the #FB M5 chart. Its lower boundary passes through 730.60/726.40, while its upper boundary passes through 735.66/731.46. The projected flagpole height is 1269 points. The formation indicates that the uptrend is likely to continue. A break above 735.66 would confirm further upward movement.
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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