3/28/2024 0 Comments Ascending bearish wedgeHere is an example of Bullish Flag Pattern Immediately followed by either a short descending channel or a falling wedge.□ Pattern Classifications and Characteristics □ Bullish Flag PatternĬharacteristics of Bullish Flag Pattern are as follows A Bearish Pennant follows a negative impulse and a converging or descending triangle.A Bullish Pennant is indicated by a positive thrust preceding a converging triangle or ascending triangle.
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