The M5 and M15 time frames may have more false entry points.
FX.co ★ EURUSD M15: Bullish pennant
Signal strength 2 of 5
EURUSD M15: Bullish pennant
The Bullish pennant graphic pattern has formed on the EURUSD M15 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks out high, is expected to continue the upward trend to level 1.0616.
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