That’s because they point to the continuation of a downtrend or the reversal of an uptrend. Bullish and bearish Pennants look very similar to Ascending and Descending triangle patterns respectively. The main difference is that the Pennants are formed in strong, fast moving trends. Understanding Triangle Patterns: This article makes use of line chart illustrations… Seguir leyendo Understanding the Basics of Forex Triangles: A Comprehensive Guide