was formed on 30.05 at 17:16:10 (UTC+0)
signal strength 1 of 5
signal strength 1 of 5
The Bearish pennant pattern has formed on the #NTDOY M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 20.26; the projection of the flagpole height is equal to 78 pips. In case the price breaks out the pattern’s bottom of 20.26, the downtrend is expected to continue for further level 20.11.
The M5 and M15 time frames may have more false entry points.
Figure
Instrument
Timeframe
Trend
Signal Strength
