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Actual patterns

Bearish pennant

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was formed on 26.03 at 00:04:30 (UTC+0)
signal strength 3 of 5

The Bearish pennant pattern has formed on the EURCAD M30 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 1.5396 is broken through. Recommendations: Place the sell stop pending order 10 pips below the pattern’s low. Place the take profit order at the projection distance of the flagpole height.

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Bearish pennant