signal strength 3 of 5

The Bearish pennant pattern has formed on the #PEP M30 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 130.36; the projection of the flagpole height is equal to 214 pips. In case the price breaks out the pattern’s bottom of 130.36, the downtrend is expected to continue for further level 130.06.
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- Double Top
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