Pennants
Symmetrical mini-triangles that mark a pause before continuation.
Overview
Symmetrical mini-triangles that mark a pause before continuation. This lesson sits within the “Chart Patterns” module of the HexaTrades Academy and builds directly on the concepts around it.
Key principles
- Small triangle after a strong move
- Resolve in the trend direction
- Short-lived — act decisively
Open a chart and find a live example of this concept on Bitcoin or Ethereum right now. Active recall on real price action beats passive reading every time.
Applying it in real markets
The majors — BTC, ETH, SOL and BNB — are the cleanest place to practice pennants because they're the most liquid and least manipulated. Mark up a chart, journal what you see, and review it against the points above.
No single concept is a complete edge. Combine it with sound risk management — fixed risk per trade, a defined stop, and a planned reward-to-risk — before you act on it.
Key takeaways
- Small triangle after a strong move
- Resolve in the trend direction
- Short-lived — act decisively
Test your knowledge
1. Which of the following is a core principle of “Pennants”?
Frequently asked questions
Yes — this lesson is pitched at the Intermediate level. Work through the modules in order for the smoothest learning curve, and revisit earlier lessons whenever a concept feels shaky.
Ready to apply this with real-time signals and a 40,000+ trader community?