The Stock Pennant Pattern is a popular chart pattern among traders, signaling potential continuation in the direction of the current trend. This pattern forms during periods of consolidation following ...

Gold triggers a decisive upside breakout of a bull pennant pattern (small symmetrical triangle). Strength was confirmed as gold easily exceeded both 2,003 and 2,010 highs. In addition, an 88.6% ...

Ethereum Classic ETC/USD is the original version of Ethereum ETH/USD that uses the proof of work platform. This is slightly different from the new version of Ethereum that runs on a proof of stake ...

Gold traded in a narrow range on Wednesday with a high of 2,335 and a low of 2,324. The high took the price of gold above the top boundary line of a potential bearish pennant pattern (small ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Samantha (Sam) Silberstein, CFP®, CSLP®, EA, is an experienced financial consultant. She has a demonstrated ...

Pennants are short-term continuation patterns that mark a small consolidation before resuming the previous move in the same direction. This pattern is formed when there is a large movement in a ...

Since gold's flash crash last Sunday night, the yellow metal has oscillating around its key $1,100 per ounce psychological level. As I've been pointing out, gold's latest plunge caused it to break ...

Gold begins to advance off the lower border of a bullish consolidation pennant. Following a test of support at the lower border line earlier in the session, gold reversed higher to rise to a four-day ...

A bullish pennant chart pattern can be a powerful bullish chart pattern that is found during strong bull markets that is very similar to the bull flag. They are more rare than a bull flag. The price ...