Actual patterns

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Actual patterns

Bearish pennant

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was formed on 14.04 at 20:46:59 (UTC+0)
signal strength 3 of 5

The Bearish pennant pattern has formed on the EURJPY M30 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 162.05; the projection of the flagpole height is equal to 88 pips. In case the price breaks out the pattern’s bottom of 162.05, the downtrend is expected to continue for further level 161.75.

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Bearish pennant