Bull Pennant Pattern: Meaning, Strategy, and Examples
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When you’re retired, Mondays become your favorite day of the week. They’re a weekly reminder that you don’t have to go to work AND you can stay in your pjs, drinking coffee, reading a book and playing with your dog… As long as you want! Cheers to retired life and as always, happy gardening! X Penny | Penny Pennington Weeks
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Most Profitable Trading Strategy on a Bearish Pennant Chart Pattern #shorts #technicalanalysis
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#candlestickpatterns #chartpatterns #tripletop #bearishpennant #bullishpennant THE BULLISH PENNANT CANDLESTICK pattern signals continuation, forming small symmetrical triangle after strong uptrend, indicating consolidation before breakout upward. The bearish rectangle candlestick pattern signals continuation, showing price consolidation between parallel levels before breaking downward to resume prior trend. The bearish pennant candlestick pattern signals continuation, forming small symmetrical t
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OMIEE📈 on Instagram: "Read Below 👇 @ig_omiee @workwithomiee Day 25 of Chart Patterns: Pennant Bull & Bear Patterns What is a Pennant Pattern? A Pennant is a short–term continuation chart pattern that forms after a strong price movement (called a flagpole), followed by a brief consolidation phase where price moves within converging trend lines—forming a small triangular shape. After consolidation, the price typically breaks out in the same direction as the initial trend. ⸻ Bullish Pennant Patte
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