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VIP signal 2nd target Hit 🎯
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#Educational Post 🧑💻
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$BTC after 2nd entry filled out 🔥
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$FET Spot signal Entry 1.2 - 1.05 Targets 1.30 1.46 1.69 1.98 2.50 3.50 Stop if candle 4h close below 0.90
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🟢 Pennant or Flags Pattern Pennant patterns, or flags, are created after an asset experiences a period of upward movement, followed by a consolidation. Generally, there will be a significant increase during the early stages of the trend, before it enters into a series of smaller upward and downward movements. Pennants can be either bullish or bearish, and they can represent a continuation or a reversal. The above chart is an example of a bullish continuation. In this respect, pennants can be a form of bilateral pattern because they show either continuations or reversals. While a pennant may seem similar to a wedge pattern or a triangle pattern – explained in the next sections – it is important to note that wedges are narrower than pennants or triangles. Also, wedges differ from pennants because a wedge is always ascending or descending, while a pennant is always horizontal. #educational_post
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Today's market correction has wiped out more than $1.1 trillion from the U.S. stock market 📉
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