Category Archives for Q & A

How to Trade A Bullish Pennant Continuation Pattern

There are dozens if not hundreds of technical patterns available to traders and investors. The question becomes where is your entry point and how do you manage the position. 

Swing Trading Bullish Patterns

Common bullish continuation patterns include flags and pennants. A simple definition of these patterns would be a small pullback or consolidation before the prior move resumes. 

Flag & Pennants

A pullback pattern. That resumes the prior move.

The Pennant pattern is very similar to a symmetrical triangle but the rules are slightly different. The specifics are not that important and getting stuck in the minutia of the technical rules will only slow you down.

Your money management rules and emotional control will get you to the promised land.   

Continue reading