was formed on 08.05 at 12:10:51 (UTC+0)
signal strength 2 of 5
signal strength 2 of 5
The Bullish pennant graphic pattern has formed on the EURJPY 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 163.82.
The M5 and M15 time frames may have more false entry points.
Figure
Instrument
Timeframe
Trend
Signal Strength
