We found 11 online brokers that are appropriate for Trading Bearish Pennant Investment Platforms.
Just like the triangle pattern, the pennant pattern is also a critical pattern that represents the continuation of a trend and can be used to forecast what is coming next in the markets. Today, we will look at the bullish pennant, bearish pennant, and how this trading pattern can be used for trading.
The pennant pattern is a continuation pattern that usually appears during a consolidation phase. When an asset's price trends strongly in either direction, it is common to see some sort of consolidation phase. A pennant pattern appears in this phase and shows that the trend will continue in its previous direction, and that this consolidation phase is just temporary.
A pennant is basically a triangle... Actually, if you think about it, it resembles a symmetrical triangle. Normally, triangle patterns usually contain either one trendline and one horizontal line. But in the case of the pennant, it is usually made of two trendlines that connect with each other eventually.
Both the bullish & bearish pennants share the same shape. The difference lies in the preceding trend. If a pennant pattern appears after a strong bullish trend, it means that the bullish trend will continue. That pattern will be called a bullish pennant.
But if a pennant pattern appears after a strong bearish trend, it shows that the current continuation phase is just temporary & the asset will continue its descent once again. This pattern is called a bearish pennant.
As you can see, the sole factor that can differentiate a bearish pennant from a bullish pennant is the preceding trend or the flagpole. This trading pattern can be a little hard to identify as many traders mistake it for a different price pattern.
Sometimes, the breakout from the pennant pattern can be in the opposite direction (the direction which is opposite from the preceding trend). In this case, one needs to look at if either the trendlines that make up the pennant are correctly placed or not. If everything checks out, then it means that the pattern was not a pennant. In fact, it was a symmetrical triangle.
Similarly, if you do not see the flag pole or a strong preceding trend, then it is not a pennant triangle. If you see two trendlines that are coming closer to each other & resemble a symmetrical triangle - then it is a symmetrical triangle. Similarly, if the breakout does not show a continuation of the trend, then it is not a pennant either.
An entry for the pennant pattern is usually taken if we get a breakout in the favourable direction. Some people prefer to wait for a candle close outside the pennant as a signal for entry, while some people wait until a retest of the pennant happens to take an entry.
In either case, it is up to the individual approach and trading style which dictates the entry based on this price pattern. As for the profit target calculation, the farthest distance between the two trendlines of a pennant pattern can be added outside the pennant pattern. After looking at the potential target for profit, you can select a suitable stop-loss level.
As compared to its cousin (bullish pennant), a bearish pennant is a perilous pattern for the investors who have taken a bullish view of the markets. After a strong bearish trend, a continuation phase starts in which the price goes higher and lower aimlessly. Those with bullish positions usually utter a sigh of relief, thinking that the prolonged bearish trend will eventually end for good.
But these bullish investors fail to understand that it is not a buildup for a new bullish trend. In fact, that consolidation phase is slowly turning into a bearish pennant & will resume the bearish trend with full force once again.
If you think about it, a pennant is nothing but a shrinking of the volatility. As the candlesticks start to shrink and the upper & lower trendlines start to exert pressure. The pressure eventually builds up and results in a breakout of the pattern.
If you do not see a strong bearish trend (flagpole), then there is a good chance that the pattern you see right now is not a bearish pennant. In fact, it is the good old symmetrical triangle that is known for its two-way breakouts: It can be a bullish pattern or a bearish pattern depending on the direction of the breakout.
We have conducted extensive research and analysis on over multiple data points on Bearish Pennant to present you with a comprehensive guide that can help you find the most suitable Bearish Pennant. Below we shortlist what we think are the best Bearish Pennant Investment Platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Bearish Pennant.
Selecting a reliable and reputable online Bearish Pennant Investment Platforms trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Bearish Pennant Investment Platforms more confidently.
Selecting the right online Bearish Pennant Investment Platforms trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
When choosing a broker for Bearish Pennant Investment Platforms trading, it's essential to compare the different options available to you. Our Bearish Pennant Investment Platforms brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
By comparing these essential features, you can choose a Bearish Pennant Investment Platforms broker that best suits your needs and preferences for Bearish Pennant Investment Platforms. Our Bearish Pennant Investment Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top Bearish Pennant Investment Platforms.
Compare Bearish Pennant Investment Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Bearish Pennant Investment Platforms broker, it's crucial to compare several factors to choose the right one for your Bearish Pennant Investment Platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are Bearish Pennant Investment Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Bearish Pennant Investment Platforms that accept Bearish Pennant Investment Platforms clients.
Broker | IC Markets | Roboforex | eToro | XTB | XM | Pepperstone | AvaTrade | FP Markets | EasyMarkets | SpreadEx | FXPro |
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Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB) | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB) |
Min Deposit | 200 | 10 | 100 | No minimum deposit | 5 | 200 | 100 | 100 | 100 | 1 | 100 |
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Used By | 180,000+ | 1,000,000+ | 30,000,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 300,000+ | 10,000+ | 142,500+ | 10,000+ | 1,866,000+ |
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Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, cTrader, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, cTrader, Tablet & Mobile apps |
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Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 76% of retail investor accounts lose money when trading CFDs with this provider. | 76-85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Your capital is at risk | Losses can exceed deposits | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider |
Demo |
IC Markets Demo |
Roboforex Demo |
eToro Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
easyMarkets Demo |
SpreadEx Demo |
FxPro Demo |
Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, | US, IN, PK, BD, NG , ID, BE, AU | US, CA, IL, IR | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US, TR | US, CA, IR |
You can compare Bearish Pennant Investment Platforms ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
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We have listed top Bearish Pennant Investment Platforms below.
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