was formed on 23.05 at 17:26:20 (UTC+0)
signal strength 2 of 5
signal strength 2 of 5
The Bearish pennant pattern has formed on the #INTC M15 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 19.94; the projection of the flagpole height is equal to 82 pips. In case the price breaks out the pattern’s bottom of 19.94, the downtrend is expected to continue for further level 19.72.
The M5 and M15 time frames may have more false entry points.
Figure
Instrument
Timeframe
Trend
Signal Strength
