FX.co ★ #PEP M30: Bearish pennant
Signal strength 3 of 5
#PEP M30: Bearish pennant
The Bearish pennant pattern has formed on the #PEP M30 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 155.85 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.
*L'analyse de marché présentée est de nature informative et n'est pas une incitation à effectuer une transaction