As a continuation of the previous analysis, this is a noteworthy pattern.
Do they ALWAYS play out? NO. But they have a high success rate of playing out. A Break underneath the pennant invalidates the pattern.
Regards
BlockTechEv
Do they ALWAYS play out? NO. But they have a high success rate of playing out. A Break underneath the pennant invalidates the pattern.
Regards
BlockTechEv
Note
The length of the flag is usually the desired target above the pennant.Note
You would also need confirmation first of breakout just above the pennant (flag top) before the pennant becomes "active".Note
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thecryptocheck.com
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softquant.io
discord.gg/xHJRka3
Cryptocheck Website
thecryptocheck.com
SoftQuant Website
softquant.io
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.