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FX.co ★ AUDUSD M15: Bullish Pennant

AUDUSD M15: Bullish Pennant

Bullish PennantThe Bullish Pennant pattern has formed on the AUDUSD M15 chart. This is a continuation pattern. If the price closes above the pennant high at 0.7049, the uptrend is likely to continue.
The M5 and M15 time frames may generate more false entry signals.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
Go to the patterns list Go to graph