Sentences with phrase «pennant chart»
Technically, Litecoin on a 4 - hour time chart view, is bouncing within a bullish pennant chart pattern, pending potential breakout to the upside.
https://www.fxstreet.com/ Not exact matches
Now this key index is attempting to break below another flag / pennant / support line at (2) in the chart.
On the chart below, notice that the Select Sector Financial SPDR ETF ($ XLF), a highly traded ETF proxy for the overall financial sector, fell 3.3 % yesterday, while convincingly breaking below its prior swing low, 50 - day moving average, and lower channel support of its bullish «pennant» in the process:
# 10 Pennant Pattern: As seen from the weekly chart, the stock was in a strong uptrend after which it started consolidating and was in a narrowing range.
A push above the solid chart resistance line at last week's high would negate the pennant pattern and give the bulls fresh upside technical momentum.
The pennant is often the first thing you see when you open up a pdf of chart patterns.
The late - week price action has formed a bearish pennant pattern on the daily chart.
I am Trader since 2014 and I believe Trend Following Chart Patterns like Triangles, Pennants, Flags, Rectangle.