AGLD/USDT

The "Pennant" pattern is very similar to the flag pattern. The difference between the two patterns is that the trend lines of the pendants eventually converge and come together to form a small triangle. In fact, the pendant is a convergent flag pattern. The pattern lines of the flag pattern are often parallel. The slope of the pendant pattern is usually in the opposite direction compared to the previous trend.
Chart PatternsHarmonic PatternsTrend Analysis

Disclaimer