🟢 Bullish Pennant
📈 After a strong upward move (flagpole), the price consolidates in a tight triangle.
💥 Once breakout occurs, bulls charge higher again!
🎯 Strategy:
Entry: Break above resistance
Stop-Loss: Below consolidation
Target: Length of the flagpole
> 🔍 Indicates strong buying momentum and potential trend continuation!
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🔴 Bearish Pennant
📉 A sharp drop is followed by a tight triangle formation.
💣 Breakout leads to further downside.
🎯 Strategy:
Entry: Break below support
Stop-Loss: Above consolidation
Target: Length of the flagpole
> 🚨 A warning signal for holders. Bears might be in control!
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🟢 Bullish Flag
🚀 A solid bullish move cools off inside a downward-sloping parallel channel.
📈 Breakout signals a continuation of the uptrend.
🎯 Strategy:
Entry: Break above flag
Stop-Loss: Below lower channel
Target: Length of the flagpole
> 🟩 A healthy pullback before the next bullish wave!
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🔴 Bearish Flag
📉 After a steep fall, price consolidates inside an upward channel.
❗ Once support breaks, the downtrend resumes.
🎯 Strategy:
Entry: Break below channel
Stop-Loss: Above upper trendline
Target: Flagpole’s height
> 📉 Don't catch a falling knife! Let the trend be your friend. 🧠
HERE is the candles image 👇 
✨ Tip for Traders:
Always combine chart patterns with volume and other indicators for confirmation. Patterns work best in trending markets. 📚🔍
💬 If this helped you decode your charts better, don’t forget to Like, Comment, and Follow for more visual trading insights!
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