was formed on 14.05 at 21:47:56 (UTC+0)
signal strength 4 of 5
signal strength 4 of 5
The Bearish pennant pattern has formed on the #PEP H1 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 127.29; the projection of the flagpole height is equal to 360 pips. In case the price breaks out the pattern’s bottom of 127.29, the downtrend is expected to continue for further level 126.89.
Figure
Instrument
Timeframe
Trend
Signal Strength