Pennants

Pennants
This is generally a method of design trading depending on the continuation design. The continuation patterns also consist of Descending Triangles, Ascending Triangles, Symmetrical Triangles, Wedges, Pennants and Flags. These are significantly technical patterns expected to lead the continuation of existing trend. This is generally a method of design trading depending on the continuation design. It is regarded as strong trading equipment as they generally cause very low danger trading chances and remarkable returns. Even if the pennant acts in the same nature to the flag design the real look of this trend is similar to the triangle style. This is most of the time interpreted as a short lived pause that occurs in the powerful market.