The Bearish Pennant pattern has formed on the #NTDOY H1 chart. It represents a brief consolidation before the price potentially resumes the prevailing trend. A short position may be considered if the price closes below the pattern low at 12.69. FX.co ★ #NTDOY H1: Bearish Pennant
Signal strength 4 of 5
#NTDOY H1: Bearish Pennant
The Bearish Pennant pattern has formed on the #NTDOY H1 chart. It represents a brief consolidation before the price potentially resumes the prevailing trend. A short position may be considered if the price closes below the pattern low at 12.69. *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade