was formed on 22.05 at 09:00:24 (UTC+0)
signal strength 4 of 5
signal strength 4 of 5
The Bearish pennant pattern has formed on the USDCHF H1 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 0.8967; the projection of the flagpole height is equal to 37 pips. In case the price breaks out the pattern’s bottom of 0.8967, the downtrend is expected to continue for further level 0.8928.
Figure
Instrument
Timeframe
Trend
Signal Strength
