Education
Study Notes - The Bullish Pennant
Study notes based on the Babypips course.
Based on this article:
babypips.com/learn/forex/pennants
Bullish pennants are formed in an uptrend and imply that the bulls are about to charge again!
- Uptrend
- Breather, consolidation into a tight range
- Breakout to the upside
Flagpole can be used to measure size of the breakout upside potential
Based on this article:
babypips.com/learn/forex/pennants
Bullish pennants are formed in an uptrend and imply that the bulls are about to charge again!
- Uptrend
- Breather, consolidation into a tight range
- Breakout to the upside
Flagpole can be used to measure size of the breakout upside potential
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.