Actual patterns

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Actual patterns

Bullish pennant

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was formed on 07.05 at 18:40:15 (UTC+0)
signal strength 1 of 5

The Bullish pennant pattern is formed on the EURNZD M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 1.9009, a further uptrend is possible.

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

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Bullish pennant