#FB M15 Bearish pennant

The Bearish pennant pattern has formed on the #FB M15 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 695.34; the projection of the flagpole height is equal to 2180 pips. In case the price breaks out the pattern’s bottom of 695.34, the downtrend is expected to continue for further level 695.11.