Actual patterns

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Actual patterns

Bearish pennant

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was formed on 06.09 at 20:00:23 (UTC+0)
signal strength 3 of 5

The Bearish pennant pattern has formed on the #MCD M30 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 275.38; the projection of the flagpole height is equal to 475 pips. In case the price breaks out the pattern’s bottom of 275.38, the downtrend is expected to continue for further level 275.08.

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Bearish pennant