Pennants are chart patterns that suggests a continuation of a previous trend. They are characterized by a symmetrical triangle shape, often following a sharp price movement. The pattern gets its name from a real pennant which is a flag with
A rectangle pattern is a technical chart pattern that suggests a period of consolidation or sideways movement in a security’s price. It is formed when the price oscillates between two horizontal levels of support and resistance. The pattern shows a
Pennants are chart patterns that suggests a continuation of a previous trend. They are characterized by a symmetrical triangle shape, often following a sharp price movement. The pattern gets its name from a real pennant which is a flag with
A rectangle pattern is a technical chart pattern that suggests a period of consolidation or sideways movement in a security’s price. It is formed when the price oscillates between two horizontal levels of support and resistance. The pattern shows a
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