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FX.co ★ USDJPY M5: Bullish Pennant

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Technical Analysis Patterns

2026-08-21T13:45:18
Signal strength 1 of 5

USDJPY M5: Bullish Pennant

Bullish PennantThe Bullish Pennant pattern has formed on the USDJPY M5 chart. This is a continuation pattern. If the price closes above the pennant high at 158.92, 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
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Other patterns by USDJPY