The M5 and M15 time frames may have more false entry points.
FX.co ★ GBPCHF M15: Bullish pennant
Signal strength 2 of 5
GBPCHF M15: Bullish pennant
The Bullish pennant signal – Trading instrument GBPCHF M15, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 1.2469, with the prospect of the next move being a projection of the flagpole height.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade