was formed on 05.05 at 15:32:00 (UTC+0)
signal strength 3 of 5
signal strength 3 of 5
The Bearish pennant pattern has formed on the USDJPY M30 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 143.82 is broken through. Recommendations: Place the sell stop pending order 10 pips below the pattern’s low. Place the take profit order at the projection distance of the flagpole height.
Figure
Instrument
Timeframe
Trend
Signal Strength
