ManageTrading's video: Best Pattern - Pennant Pattern shorts zerodha chartpatterns breakouttrading scalping

Trade Secrets: Demystifying the Pennant Pattern Trading the Pennant pattern can be a rewarding strategy for traders seeking to capitalize on short-term price movements within a larger trend. The Pennant pattern is a continuation pattern that forms when there is a temporary consolidation or pause in price action before the market resumes its previous trend. This pattern is characterized by a symmetrical triangle shape, with converging trend lines that represent a period of indecision and equilibrium between buyers and sellers. As the pattern develops, trading volume tends to decrease, indicating a decrease in market participation and a potential buildup of energy. When trading the Pennant pattern, traders typically look for a breakout signal. This occurs when the price breaks out of the pattern, often accompanied by an increase in trading volume. Traders can take advantage of this breakout by entering a trade in the direction of the underlying trend, expecting the price to continue its previous trajectory. Contact For Advance Price Action Course for Rs. 1999/- only mobile👉🏻 877-977-7515 Email me 👉🏻 manageTrading007@gmail.com WhatsApp me on 👉🏻 877-977-7515 ▼ Get More Great Tips – Subscribe  https://www.youtube.com/channel/UCgatXZQwtcF2FHpefVSUfMw?sub_confirmation=1 ▼ Link to Website (FREE 5 - INDICATOR TRADING SYSTEM EBOOK) http://www.managetrading.com/ ▼ Email us at managetrading007@gmail.com ▼ Link to "5 Indicator System" for Video https://youtu.be/RFfVwWqhnGs?list=PL1K4n61H_j84j0StfRxrPZa1YRd2ciLR1 ▼ Link to “Intraday Trading Strategy" Video https://youtu.be/3EExSz0BbzU ▼ Link to “Buying Stocks With Averaging For Beginners" Video https://youtu.be/yZMr9aiiCxw ▼ Link to “Intraday Videos” https://www.youtube.com/watch?v=3EExSz0BbzU&list=PL1K4n61H_j85rk7IBI89PL0aCWR5akVlS ▼ Link to “Risk to Reward Part II “Video https://www.youtube.com/watch?v=XwfqDhz8nVI ▼ Link to know more about our services http://managetrading.com/PriceActionCourse.aspx ▼ Link to “Chart Reading Basic” Video https://www.youtube.com/watch?v=WTR7rVrE2C8 ▼ Link to “How to Find TREND” Video https://www.youtube.com/watch?v=hQXCDhTRVFM ▼ Link to “Late Entry” Video https://www.youtube.com/watch?v=jKzkZ7pKSOg ▼ Link to “Trading Goals” Video https://www.youtube.com/watch?v=zAPs_P7ORwE ▼ Link to “Decide Target” Videos https://www.youtube.com/watch?v=lPveBhPdEGw https://www.youtube.com/watch?v=lPveBhPdEGw ▼ Link to “Choppy Market” Video https://www.youtube.com/watch?v=ofplUvDzgDE ▼ Link to “Position Size” Video https://www.youtube.com/watch?v=Ar76_9xxG24 ▼ Link to “Divergence” Video https://www.youtube.com/watch?v=_wqAJAprZ_E