NZD/USD Bear pennant 1 hour
Gold line = the pattern's swing points; gold box = the confirmation candle; coloured lines = target and invalidation; blue = confirmation price.
Bear pennant: Active
Last 0.55971, 16% of the way to target (target is 0.80% from confirmation).
What this tells you
A sharp drop followed by a small converging triangle; a downside break usually continues the decline.
← All chart patterns · Other patterns for this market · Key levels and research for this market · How to read patterns
Swing points
| Point | Time UTC+8 | Price |
|---|---|---|
| Pole base | Oct 27, 20:00 | 0.57075 |
| Pole bottom | Oct 28, 09:00 | 0.55720 |
| Bounce high | Oct 28, 15:00 | 0.56184 |
| Confirmation | Oct 28, 17:00 | 0.56043 |
Recently closed Bear pennant patterns: 11 in total, 9 reached the target first (82%), 2 were invalidated and 0 expired. Results by pattern →
Chart patterns are technical reference points, not trade recommendations. Past results do not guarantee future outcomes; trading involves risk.
Live levels and price alerts in the app
The Borearis app has live levels for every market, price alerts, daily picks and AI analysis.
