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Bullish pennant
was formed on 29.07 at 08:50:25 (UTC+0)
signal strength 1 of 5

Bullish pennant EURUSD M5

The Bullish pennant graphic pattern has formed on the EURUSD M5 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 1.1759.

The M5 and M15 time frames may have more false entry points.

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