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
1–2 minutes
This post focuses on customizable factory scans associated with Bullish Pennant classical chart pattern. These factory scans can be edited, modified, or rewritten and then scanned using ChartAlert’s native stock screener or technical analysis scanner, namely the Basic Scanner and Advanced Scanner.
