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Bearish pennant
was formed on 04.04 at 16:11:55 (UTC+0)
signal strength 1 of 5

Bearish pennant #MA M5

The Bearish pennant pattern has formed on the #MA M5 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction of the original trend. In case the price fixes below the pattern’s low of 511.79, a trader will be able to successfully enter the sell position.

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

Nazad
Figure
Instrument
Timeframe
Trend
Signal Strength
 
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