REPLYEğitim
What is a pennant?
A pennant is a continuation pattern.
Statistics of pennant patterns
- In 75% of cases: a pennant’s continues in the same direction.
- In 15% of cases: a pennant’s continues tries to continue in the same direction but pulls back.
- In 55% of cases, a pennant continues in the same direction and reaches his target.
Notes on pennant patterns
- pennants with a narrow base perform better
- A pennant is stronger if there are no false breaks (false pattern exits).
- If their are pullbacks after exit from the pennant: its bad for its performance.
Statistics of pennant patterns
- In 75% of cases: a pennant’s continues in the same direction.
- In 15% of cases: a pennant’s continues tries to continue in the same direction but pulls back.
- In 55% of cases, a pennant continues in the same direction and reaches his target.
Notes on pennant patterns
- pennants with a narrow base perform better
- A pennant is stronger if there are no false breaks (false pattern exits).
- If their are pullbacks after exit from the pennant: its bad for its performance.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.