3 Techies Banter #3TBSamiran | Sheetal | Nilesh
A pennant pattern basically forms on a graph when a sustained price trajectory witnesses a sudden and temporary reversal … or more precisely, a period of consolidation….only to find it's way back to the original trajectory.
Traders who spot a pennant pattern could have the potential to earn if the prediction that they make - based on the pennant pattern - works put to be correct.
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