PENNANT
Pennants are short-term continuation patterns that mark a small consolidation before the previous move resume. Pennants are the same as flags but differ in that the trend lines converge towards an apex. The direction of the formation is normally in the opposite direction to the prior strong trend move, although in very strong trends they can slope horizontally or in the direction of the main trend. Flags, pennants, and triangles are familiar chart patterns.
HOW TO BE A TRADER?
We invite you to meet Mekness investment world. You can follow the steps below to be an online investor with us.
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You can fill the free demo account form on the side to open an unreal account and try the market without any risk.
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You can apply to open a real account to enter the world of investment.
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After depositing the initial investment you can easily start to trade.
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