How to Trade a Bullish Pennant Chart Pattern 👊
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Bullish Pennant Chart Pattern. www.financial-spread-betting.c... PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! This works on all timeframes; including very short timeframes so also suitable for day traders. The characteristic of a bullish pennant is that its converging to a focal point; the theory is to buy the breakout as the price is converging and I agree on that. So what do we have here? We have lower highs, higher lows eventually converging into a congestion area.
Trading Tip - Just like flags, pennants are best traded when they appear as tight formations. The tighter the pennant, the more reliable it is as an indicator of continuation of the price trend
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You're the man. Thanks for these videos. I think they don't get enough views because your not making click baity thumbnails but its some good quality here!
i fucking love how you explain a dramatical story behind the price action. you need a better visual quality to reach more people
I like your videos! You are very passionate about it and it's easy to understand.
Excellent strategy indeed
Awesome video, thank you!
Great value! This should have more views
I love your teaching you are good
nice you explain in such a simple and nice way... sir nice ...
Great explanation, thank you!
Thank you very much for your will to share knowledge. The videos are really good.. Following for sure .
I really like the way u explain. very passionate, love it
2020\08\09 i'm recently new in trading, thanx for the informative video!
BRILLIANT
Stellar!
I can use this for day trading currencies right ? Or is it just for day trading stocks ?
cool
watching a pennant pattern forming right now and looking for hopium and confirmation bias...
AMC
1st video ive seen by you guys thank you. thoughts on DOGE?
Is work on 1 hr time frame
Would IMB as of today be a good example of a pennant?
AMC July-4 -2021 hi 🙋🏾♂️ grandkids
#amc daily... I >
Problem is finding these patterns lol