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was formed on 08.04 at 15:30:28 (UTC+0)
signal strength 4 of 5
Bearish pennant #PEP H1

The Bearish pennant pattern has formed on the #PEP H1 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 140.24 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.

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Figure
Instrument
Timeframe
Trend
Signal Strength
 
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