𝘾𝙝𝙖𝙧𝙩 𝙋𝙖𝙩𝙩𝙚𝙧𝙣𝙨📊 𝙩𝙝𝙖𝙩 𝙔𝙤𝙪 𝙈𝙞𝙜𝙝𝙩 𝘿𝙤𝙣𝙩 𝙆𝙣𝙤𝙬 𝘼𝙗𝙤𝙪𝙩🤘🙃
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let's break down those chart patterns in simple terms:
Ascending Triangle: An ascending triangle suggests bullish momentum, with prices moving steadily upward📈.
Descending Triangle: A descending triangle hints at bearish trends, as prices may be headed for a dip📉.
Pennant: A pennant signals a brief consolidation before a potential continuation of the existing trend, like a pitstop in a race💹.$
Bearish Flag: A bearish flag symbolizes a temporary pause in a downtrend, possibly before a further decline.
Bullish Flag: A bullish flag denotes a momentary break in an uptrend, suggesting a potential upward surge on the horizon.