was formed on 19.05 at 09:59:53 (UTC+0)
signal strength 4 of 5
signal strength 4 of 5
The Bearish pennant pattern has formed on the USDJPY H1 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 144.82; the projection of the flagpole height is equal to 117 pips. In case the price breaks out the pattern’s bottom of 144.82, the downtrend is expected to continue for further level 144.42.
Figure
Instrument
Timeframe
Trend
Signal Strength
