was formed on 11.06 at 14:50:41 (UTC+0)
signal strength 1 of 5
signal strength 1 of 5
The Bullish pennant pattern is formed on the GBPUSD M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 1.3549, a further uptrend is possible.
The M5 and M15 time frames may have more false entry points.
Figure
Instrument
Timeframe
Trend
Signal Strength
