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FX.co ★ NZDCHF M5: Bearish pennant

NZDCHF M5: Bearish pennant

Bearish pennantThe Bearish pennant pattern has formed on the NZDCHF M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 0.5508 is broken through. Recommendations: Place the sell stop pending order 10 pips below the pattern’s low. Place the take profit order at the projection distance of the flagpole height.
The M5 and M15 time frames may have more false entry points.
*此处发布的市场分析旨在提高您的意识,但不提供交易指示
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