Pennant Failure

Well, it seems my Bearish Pennant theory didn't really hold. However, I'm still not bullish.
We can still have a reversal from the Sep 4, 2020 Resistance zone, which is what I expect honestly.

Any comments and advice always welcome!

  • Don't use this as standalone strategy. Combine this with your favourite indicators to get confirmations.
  • This is not financial advice, but meant for educational purposes.
  • As always, Do Your Own Research!


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Happy trading :-)
Pivot PointsSupport and ResistanceTrend Analysis

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