What's Bear Pennant Pattern?

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This Bear Pennant trading patterns charts guide explains how to identify stock patterns - identifying stock chart patterns is the first step when it comes to learning how to trade with Bear Pennant stock chart patterns in Indices.

Bear Pennant stock price patterns commonly form on charts & this stock chart pattern analysis guide explains how to trade & analyze charts using Bear Pennant stock trading patterns.

Bear Pennant Chart Pattern

This Bear Pennant stock chart pattern is found in a downwards trend. The Bear Pennant stock chart pattern is a trend continuation pattern where the stock price retraces slightly with a narrow stock price action that has a slight upwards tilt. The technical sell point is when price penetrates the lower line of the inverted Bear Pennant stock chart pattern. Flag portion has highs and lows which can be connected by small lines which are parallel, giving it what looks like a small channel.

What's Bear Pennant Chart Pattern?

The Bear Pennant stock chart pattern above was just a resting period for the stock market prior to more selling. The continuation signal was completed as the lower line was broken to the down-side.