Pennant is a lil tricky as far as viewing it.
4H Pennant drawn off close of Candles.
Daily Pennant drawn off Close of Candles. (RED LINE)
4H pennant are wicks for Daily Pennant.
Either way once 4H breaks bottom Trendline expecting major drop.
4H Pennant drawn off close of Candles.
Daily Pennant drawn off Close of Candles. (RED LINE)
4H pennant are wicks for Daily Pennant.
Either way once 4H breaks bottom Trendline expecting major drop.
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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.