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What Happens in Indices Trading after a Bearish Bear Pennant Indices Trading Chart Pattern?


A Bear Pennant stock indexes chart pattern is a bearish continuation stock indexes chart pattern - This is a market trading signal that shows the current indices trend is taking a break before resuming the current downward direction of the stock indexes trading market indices.



If the Bear Pennant downwards continuation stock indexes chart pattern forms it signals that the stock indexes trading market is taking a break before resuming the current downwards trend. The Bear Pennant continuation pattern in a indices downward indices trend is known as a falling flag which signals that the stock indexes price is consolidation but keeps moving lower and lower forming a stock indexes chart pattern that resembles a falling flag. Indices Traders should wait for a confirmation of this Bear Pennant stock indexes chart pattern before opening a trade based on this bearish continuation stock indexes chart pattern. Once there is a indices price breakout to the downside then the Bear Pennant continuation stock indexes chart pattern is confirmed and indices prices will then continue to move in the direction of the current downward stock indexes trend.

 

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