Technical_Analysis_page_359

Technical | Analysis page 359 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf

330 Part IV Chart Pattern Analysis these advantages. Flags and pennants are really variations of the same formation. The flag is a short channel that usually slopes in the opposite direction from the trend. The pennant is a short triangle that does the same. Both of these patterns are pictured in…