Page 13 - Futures Money Machine-Study Session #6
P. 13
Favorite Price Patterns
Pennants …
Big trends also emerge form “price
pennants”.
“Pennants” can occur anytime there is a
consolidation in the market. Be ready
because once the market breaks
outside the “pennant” prices usually
move fast in that direction.
Trade Tip: Wait for the market to break
out of the “pennant” before considering
the trade!
