Pennat Pattern is another form of Continuation Pattern It resembles like Symmetrical Triangle Pattern and almost works in a similar manner the only Difference that I found in Pennat Pattern move are sharp and you cant expect much bigger range of Profit.
It can be Further divided into two Category :-
- Bullish Pennat Pattern
- Berish Pennat Pattern
I am sharing a Link of Website where this Pattern explained in a detailed Manner