30. Dezember 2022, gepostet in Forex TradingBear pennant pattern: spotting opportunities in downtrends

This shows that the market participants are losing interest in the action. It is an encouraging sign for the traders as it means once the formation reaches its completion, any direction—up or down—is highly suitable for an approach. Depending on the direction of the dominant trend, a flag pattern can be either a bear flag…

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