USD/JPY Bull pennant 15 min
Gold line = the pattern's swing points; gold box = the confirmation candle; coloured lines = target and invalidation; blue = confirmation price.
Bull pennant: Target hit
What this tells you
A sharp rise followed by a small converging triangle; an upside break usually continues the rally.
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Swing points
| Point | Time UTC+8 | Price |
|---|---|---|
| Pole base | Nov 03, 21:30 | 157.975 |
| Pole top | Nov 03, 23:15 | 158.603 |
| Pullback low | Nov 04, 00:00 | 158.408 |
| Confirmation | Nov 04, 02:30 | 158.541 |
Recently closed Bull pennant patterns: 8 in total, 4 reached the target first (50%), 4 were invalidated and 0 expired (small sample). Results by pattern →
Chart patterns are technical reference points, not trade recommendations. Past results do not guarantee future outcomes; trading involves risk.
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