Bearish Pennants: It is formed in an downtrend. It is a bearish signal confirming that the downtrend may continue further. It is a small pause, where the price is consolidated between the two tapering converging trend line forming a triangle pennant, before the pattern continues.
Note
Amazind trade! My top 5 Short from 0.53 $ take 50% profit 0.46 $Note
Close short if we come back to 0.5Trade active
close position if we come back to 0.473Trade active
I take other 25 % profit if we touch 0.445Trade closed: target reached
noelshack.com/2018-39-2-1537850098-95479.jpgWell done
I'm going update follow me
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.