A flag is a chart pattern formed after an extensive price movement. It features a consolidation pattern that is rectangular in shape following a sharp trend. This price pattern shows a short-term change in price compared to the longer-term trend.
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 flag is a chart pattern formed after an extensive price movement. It features a consolidation pattern that is rectangular in shape following a sharp trend. This price pattern shows a short-term change in price compared to the longer-term trend.
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
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