1–2 minutes
Bullish Pennant Classical Chart Pattern: A Trader’s Guide to Spotting and Profiting from Continuation Moves
The Bullish Pennant is a continuation chart pattern in technical analysis that forms after a strong price movement, characterized by a small symmetrical triangle (the “pennant”) that is preceded by a sharp upward price trend (the “flagpole”); this pattern often indicates a temporary consolidation before the price resumes its upward movement, suggesting potential for further bullish momentum