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#pennantpattern

pennantpattern

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CyberFlow Trading
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🚨 $BR PENNANT COMPRESSION SETS THE STAGE FOR A BREAKDOWN? 🐻 Entry: Breakdown below 0.2093 trendline ⚡ Target: 0.1700 💥 📊 The symmetrical triangle has squeezed the range into a tight coil around 0.2093, and that's when the market chooses its next victim. After that impulsive push upward, the engine is sputtering — momentum is decelerating at resistance, and buyers are losing their grip. 🔍 📉 The script is clear: a breakdown below the lower trendline opens the floodgates toward the 0.1700 - 0.1690 demand shelf. That's where the liquidity sits, and you know how the market loves to sweep those stops before deciding the next move. ⚡ 💬 Are you positioning for the breakdown early, or waiting for the sweep to confirm before you commit? 👇 ⚠️ Not financial advice. Always manage your risk. 🛡️ 🏷️ #BR #Breakdown #PennantPattern #Crypto 🐻 🎯
🚨 $BR PENNANT COMPRESSION SETS THE STAGE FOR A BREAKDOWN? 🐻

Entry: Breakdown below 0.2093 trendline ⚡
Target: 0.1700 💥

📊 The symmetrical triangle has squeezed the range into a tight coil around 0.2093, and that's when the market chooses its next victim. After that impulsive push upward, the engine is sputtering — momentum is decelerating at resistance, and buyers are losing their grip. 🔍

📉 The script is clear: a breakdown below the lower trendline opens the floodgates toward the 0.1700 - 0.1690 demand shelf. That's where the liquidity sits, and you know how the market loves to sweep those stops before deciding the next move. ⚡

💬 Are you positioning for the breakdown early, or waiting for the sweep to confirm before you commit? 👇

⚠️ Not financial advice. Always manage your risk. 🛡️

🏷️ #BR #Breakdown #PennantPattern #Crypto

🐻 🎯
Article
CHART PATTERNS: BULLISH PENNANT and BEARISH PENNANTPennants are continuation patterns that are extremely similar to flags, but with a crucial difference in their geometry. They occur after an explosive price movement and represent a very quick, triangular consolidation before the original trend resumes. Structure of a Pennant Just like the flag, the pennant is divided into: The Pole: A strong vertical movement (bullish or bearish) with high trading volume.

CHART PATTERNS: BULLISH PENNANT and BEARISH PENNANT

Pennants are continuation patterns that are extremely similar to flags, but with a crucial difference in their geometry. They occur after an explosive price movement and represent a very quick, triangular consolidation before the original trend resumes.
Structure of a Pennant
Just like the flag, the pennant is divided into:
The Pole: A strong vertical movement (bullish or bearish) with high trading volume.
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