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Bearish Pennant
Symmetrical continuation pattern in downtrend, similar to a small flag.
By the TradingCalculator.Pro team · Updated on · About us
Start your 7-day free trial →What you will learn
- Reliability: High
- Timeframes: 5m, 15m, 1H
- Continuation Pattern · Bearish
How to Trade
- Identify strong bearish flagpole
- Small symmetrical triangle (pennant)
- Enter on bearish breakout (Entry 1 or Entry 2)
- Stop loss above the pennant
- Take Profit 1 y 2: longitud del asta