Bullish Pennant
ChartBullish continuation with sharp rally (flagpole) followed by small symmetrical triangle consolidation.
Success Probability: 82%
Pattern Visualization
How to Identify
- Strong upward move (flagpole)
- Small symmetrical triangle forms
- Converging trendlines
- Breakout resumes uptrend
Trading Tips
Strong continuation. Enter on breakout. Stop below pennant. Add flagpole length to entry for target.
Bullish continuation with sharp rally (flagpole) followed by small symmetrical triangle consolidation.
Trading Strategy
Strong continuation. Enter on breakout. Stop below pennant. Add flagpole length to entry for target.
How to Identify
- Strong upward move (flagpole)
- Small symmetrical triangle forms
- Converging trendlines
- Breakout resumes uptrend
Risk Management
With a 82% success probability, this pattern offers strong reliability for trading decisions. Maintain standard position sizing.