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What is Pennat Pattern

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 :-

  1. Bullish Pennat Pattern
  2. Berish Pennat Pattern

I am sharing a Link of Website where this Pattern explained in a detailed Manner

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