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FX.co ★ USDCHF H1: Bullish pennant

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Technical Analysis Patterns

2024-12-13T01:22:25
Signal strength 4 of 5

USDCHF H1: Bullish pennant

Bullish pennantThe Bullish pennant pattern is formed on the USDCHF H1 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 0.8925, a further uptrend is possible.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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Other patterns by USDCHF