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Bearish pennant
was formed on 24.07 at 07:02:25 (UTC+0)
signal strength 3 of 5

Bearish pennant NZDCHF M30

The Bearish pennant pattern has formed on the NZDCHF M30 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 0.6116 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.

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