What Is a Bear Pennant Pattern in Crypto Trading?
The pennant is created when the highs and lows of this consolidation form a symmetrical triangle. A breakout from this triangle to the downside signals that the downtrend will continue, and prices will likely fall further. The latter offers a great risk-reward since the entry is at a higher price and the stop loss is […]
Candlestick Charts Reversal Patterns
Japanese candlestick is the most popular chart type used by traders. Japanese candlestick patterns are one of the methods used to predict a price direction. All patterns are divided into bullish, bearish, and neutral, as well as reversal and continuation. If you dig out the list, many candlestick patterns will pop up with different characteristics, […]