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A pennant is a pattern used in technical analysis described by a triangular flag shape that signals a continuation.
Benzinga explains how stock chart patterns work and how to utilize them while reviewing some of the most telling patterns in the marketplace.
From classic patterns like head and shoulders to more complex formations such as flags and pennants, each pattern tells a unique story about market behavior.
A bull flag pattern resembles a flag on a pole and appears when a cryptocurrency is experiencing a significant price rise.
Technical analysis can make you money. Here are 10 of the most dependable stock chart patterns to know.
Bullish charting patterns utilized by technical analysts include ascending triangles, double bottoms, and cup and handles.
Bear flag illustration Trading a bear flag pattern The following is an illustration of how to trade bear flag pattern on crypto charts. BTC/USD daily price chart featuring a bear flag breakdown.
Crypto Charting 101: How to ID Basic Patterns and Trends Learn to spot flags, pennants, wedges and sideways trends and understand how those patterns can inform trading decisions.
After hitting its all-time high last month, bitcoin’s price consolidated within a flag, a chart pattern that indicates a continuation of the cryptocurrency's uptrend that started in early April.
Chart patterns are an integral aspect of technical analysis, but they require some getting used to before they can be used effectively. To help you get to grips with them, here are 10 chart patterns ...