was formed on 03.07 at 16:37:08 (UTC+0)
signal strength 1 of 5
signal strength 1 of 5
The Bullish pennant pattern is formed on the USDJPY M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 145.11, a further uptrend is possible.
The M5 and M15 time frames may have more false entry points.
Figure
Instrument
Timeframe
Trend
Signal Strength
