was formed on 19.05 at 11:39:05 (UTC+0)
signal strength 2 of 5
signal strength 2 of 5
The Bullish pennant pattern is formed on the EURGBP M15 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 0.8425, a further uptrend is possible.
The M5 and M15 time frames may have more false entry points.
Figure
Instrument
Timeframe
Trend
Signal Strength
