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		<title>bullish and bearish Pennant chart pattern</title>
		<link>https://patternsmart.com/wp/bullish-and-bearish-pennant-chart-pattern/</link>
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		<pubDate>Mon, 06 Mar 2023 23:30:31 +0000</pubDate>
				<category><![CDATA[Bearish and Bullish]]></category>
		<category><![CDATA[Chart Pattern]]></category>
		<guid isPermaLink="false">https://patternsmart.com/wp/?p=843</guid>

					<description><![CDATA[General&#160;description Pennants are a common pattern in technical analysis and usually indicate a continuation of the current trend. During an uptrend or a downtrend, the pennant pattern starts out with a steep up (or down) price changes in conjunction with huge volume; then after a brief consolidation, the price continues the original up (or down) trend.  In most cases, the pennant pattern occurs in the middle of an up (or down) trend, so it tends to be a very reliable continuation pattern and unlikely to reverse course, but there is no guarantee here and sometimes, the trend does change.   The shape of the pattern is a triangular-like flag with two equal hypotenuses, sloping in the opposite direction of the trend.  The formation of the pennant pattern is rather short, usually completed within one month.  Depending on whether the pennant appears in an up (or down) trend, it’s called a bullish pennant or a bearish pennant, respectively.   Difference&#160;between&#160;Pennant&#160;and&#160;Triangle&#160;and&#160;Flag&#160;patterns ·&#160;The&#160;Pennant&#160;pattern&#160;is&#160;similar&#160;to&#160;the&#160;Flag&#160;pattern&#160;in&#160;most&#160;aspects&#160;of&#160;the&#160;Flag&#160;pattern,&#160;except&#160;that&#160;the&#160;two&#160;trendlines&#160;converge&#160;with&#160;the&#160;Pennant&#160;converge,&#160;and&#160;is&#160;parallel&#160;in&#160;the&#160;Flag&#160;pattern. ·&#160;The&#160;Triangle&#160;does&#160;not&#160;require&#160;to&#160;start&#160;with&#160;a&#160;sharp&#160;price&#160;movement&#160;(Flagpole),&#160;whereas&#160;the&#160;other&#160;two&#160;do. ·&#160;The&#160;formation&#160;time&#160;in&#160;the&#160;Pennant&#160;and&#160;the&#160;Flag&#160;pattern&#160;is&#160;short&#160;than&#160;that&#160;of&#160;the&#160;Triangle&#160;pattern. ·&#160;Both&#160;the&#160;Pennant&#160;and&#160;the&#160;Flag&#160;progress&#160;as&#160;a&#160;continuation&#160;of&#160;the&#160;previous&#160;trend&#160;in&#160;most&#160;situations,&#160;whereas&#160;the&#160;Triangle&#160;pattern&#160;can&#160;be&#160;either&#160;continuation&#160;or&#160;reversal. Bullish&#160;Pennant As&#160;the&#160;above&#160;chart&#160;shows,&#160;the&#160;bullish&#160;pennant&#160;occurs&#160;after&#160;a&#160;strong&#160;uptrend,&#160;and&#160;after&#160;a&#160;period&#160;of&#160;consolidation,&#160;the&#160;price&#160;breaks&#160;above&#160;the&#160;upper&#160;resistance&#160;line.&#160;&#160;The&#160;breakout&#160;is&#160;generally&#160;viewed&#160;as&#160;the&#160;beginning&#160;of&#160;a&#160;recovery&#160;in&#160;upside&#160;momentum.&#160;&#160;Notice&#160;the&#160;pullback&#160;is&#160;less&#160;than&#160;half&#160;of&#160;the&#160;flagpole,&#160;if&#160;the&#160;retracement&#160;is&#160;too&#160;large,&#160;i.e.,&#160;over&#160;50%&#160;with&#160;heavy&#160;volume,&#160;the&#160;pennant&#160;pattern&#160;may&#160;fail.&#160;&#160;A&#160;trader&#160;can&#160;consider&#160;entering&#160;a&#160;long&#160;position&#160;after&#160;the&#160;confirmation&#160;of&#160;the&#160;pattern&#160;with&#160;a&#160;candlestick&#160;trade&#160;above&#160;the&#160;upper&#160;resistance&#160;line.&#160;For&#160;protection,&#160;the&#160;stop-loss&#160;can&#160;be&#160;set&#160;within&#160;the&#160;range&#160;of&#160;the&#160;pennant&#160;to&#160;prevent&#160;triggering&#160;too&#160;prematurely.&#160;&#160;The&#160;theoretical&#160;target&#160;profit&#160;is&#160;the&#160;length&#160;of&#160;the&#160;flagpole,&#160;which&#160;is&#160;the&#160;vertical&#160;distance&#160;between&#160;the&#160;two&#160;points.&#160;&#160;It&#160;is&#160;recommended&#160;to&#160;confirm&#160;the&#160;pattern&#160;with&#160;other&#160;technical&#160;indicators&#160;as&#160;well,&#160;such&#160;as&#160;Moving&#160;Averages,&#160;Bollinger&#160;Bands,&#160;etc.&#160;&#160;In&#160;summary,&#160;the&#160;Bullish&#160;pennant&#160;pattern&#160;is&#160;a&#160;pause&#160;in&#160;a&#160;strong&#160;uptrend,&#160;recognizing&#160;the&#160;pattern&#160;promptly&#160;will&#160;help&#160;a&#160;trader&#160;to&#160;capture&#160;the&#160;next&#160;momentum.&#160;&#160;Our&#160;proprietary&#160;algorithm&#160;will&#160;automatically&#160;detect&#160;the&#160;Bullish&#160;Pennant&#160;chart&#160;pattern&#160;for&#160;you&#160;to&#160;trade&#160;smarter. Bearish Pennant As&#160;the&#160;chart&#160;above,&#160;the&#160;Bearish&#160;Pennant&#160;is&#160;the&#160;opposite&#160;of&#160;the&#160;Bullish&#160;Pennant&#160;pattern.&#160;&#160;The&#160;two&#160;trendlines,&#160;upper&#160;resistance&#160;and&#160;lower&#160;support,&#160;converge&#160;with&#160;each&#160;other&#160;in&#160;a&#160;horizontal&#160;direction.&#160;&#160;The&#160;price&#160;fluctuates&#160;in&#160;this&#160;area,&#160;and&#160;the&#160;range&#160;is&#160;getting&#160;smaller&#160;and&#160;smaller,&#160;thus&#160;forming&#160;a&#160;decline&#160;Pennant&#160;shape.&#160;&#160;&#160;At&#160;the&#160;beginning&#160;of&#160;the&#160;formation,&#160;there&#160;is&#160;a&#160;steep&#160;decline&#160;in&#160;the&#160;market,&#160;forming&#160;a&#160;“flagpole”;&#160;then&#160;after&#160;a&#160;period&#160;of&#160;consolidation,&#160;the&#160;previous&#160;downward&#160;trend&#160;continues.&#160;&#160;The&#160;change&#160;in&#160;trading&#160;volume&#160;is&#160;quite&#160;apparent.&#160;&#160;First,&#160;when&#160;the&#160;flagpole&#160;is&#160;formed,&#160;it&#160;is&#160;often&#160;accompanied&#160;by&#160;a&#160;huge&#160;trading&#160;volume,&#160;secondly,&#160;the&#160;volume&#160;gradually&#160;decreases&#160;with&#160;the&#160;consolidation&#160;period,&#160;and&#160;lastly,&#160;when&#160;the&#160;market&#160;returns&#160;to&#160;the&#160;original&#160;trend,&#160;the&#160;huge&#160;trading&#160;volume&#160;returned&#160;as&#160;well.&#160;&#160;&#160;&#160;When&#160;the&#160;price&#160;breakouts&#160;the&#160;lower&#160;support&#160;level&#160;(lower&#160;trendline)&#160;of&#160;the&#160;Bearish&#160;Pennant&#160;pattern,&#160;a&#160;trader&#160;can&#160;consider&#160;entering&#160;a&#160;short&#160;position&#160;with&#160;the&#160;target&#160;price&#160;set&#160;as&#160;the&#160;length&#160;of&#160;the&#160;flagpole.&#160;&#160;The&#160;Bearish&#160;Pennant&#160;mostly&#160;occurs&#160;in&#160;the&#160;first&#160;phase&#160;of&#160;the&#160;bear&#160;market,&#160;indicating&#160;that&#160;the&#160;market&#160;has&#160;just&#160;started&#160;to&#160;fall,&#160;and&#160;there&#160;may&#160;be&#160;a&#160;larger&#160;decline&#160;lies&#160;ahead.&#160; In summary, the Bearish Pennant is a very reliable continuation pattern and it has distinctive characteristics to be recognized for. Nonetheless, do not waste your precious time searching for it, just like you wouldn’t make a hammer yourself if you want to build a house, our proprietary algorithm can automatically detect this pattern for you.  Our work is to provide effective tools for you, so you can trade smarter and live better.   For more details about this indicator, please visit patternsmart.com]]></description>
		
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			</item>
		<item>
		<title>Bullish Flag and Bearish Flag chart pattern indicators</title>
		<link>https://patternsmart.com/wp/bullish-flag-and-bearish-flag-chart-pattern-indicators/</link>
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		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Mon, 06 Mar 2023 23:18:50 +0000</pubDate>
				<category><![CDATA[Bearish Patterns]]></category>
		<category><![CDATA[Bullish Patterns]]></category>
		<category><![CDATA[Chart Pattern]]></category>
		<category><![CDATA[Indicator]]></category>
		<category><![CDATA[Ninjatrader]]></category>
		<guid isPermaLink="false">https://patternsmart.com/wp/?p=837</guid>

					<description><![CDATA[General&#160;Description The&#160;flag-shaped&#160;pattern,&#160;as&#160;the&#160;name&#160;implies,&#160;resembles&#160;a&#160;flag&#160;that&#160;hangs on&#160;the&#160;top&#160;of&#160;a&#160;flagpole.&#160; The&#160;formation&#160;of&#160;the&#160;pattern&#160;usually&#160;occurs&#160;when&#160;the&#160;market&#160;is&#160;volatile&#160;and&#160;prices&#160;move rapidly, either&#160;on&#160;an&#160;uptrend&#160;or&#160;a&#160;downtrend.&#160;It’s&#160;a&#160;continuation&#160;pattern&#160;that&#160;indicates&#160;the&#160;current&#160;trend&#160; would&#160;resume&#160;after&#160;a&#160;period&#160;of&#160;consolidation.&#160;During&#160;the&#160;process,&#160;the&#160;price,&#160;after&#160;a&#160;series&#160;of&#160;narrow&#160; ranged&#160;fluctuations,&#160;forms&#160;a&#160;rectangle&#160;that’s&#160;slightly&#160;tilted&#160;in&#160;the&#160;opposite&#160;direction&#160;from&#160;the&#160;original&#160; trend.&#160;&#160;From&#160;the&#160;geometric&#160;point&#160;of&#160;view,&#160;the&#160;pattern&#160;is&#160;called&#160;a&#160;parallelogram.&#160;&#160; The&#160;flag-shaped&#160;price&#160;movement&#160;can&#160;be&#160;divided&#160;into&#160;two&#160;types:&#160;Bullish&#160;Flag&#160;and&#160;Bearish&#160;Flag.&#160; Bullish&#160;Flag After&#160;the&#160;market&#160;has&#160;undergone&#160;a&#160;steep&#160;surge,&#160;a&#160;downward&#160;sloping&#160;area&#160;is&#160;formed&#160;with&#160;a&#160;narrow&#160; price&#160;change.&#160;Two&#160;trend&#160;lines&#160;can&#160;be&#160;drawn&#160;by&#160;connecting&#160;the&#160;highs&#160;and&#160;lows&#160;of&#160;this&#160;area.&#160; These&#160;two&#160;lines&#160;are&#160;parallel,&#160;and&#160;in&#160;the&#160;opposite&#160;direction&#160;of&#160;the uptrend, as&#160;shown&#160;in&#160;the&#160;picture&#160;above.&#160; It’s&#160;the&#160;phase&#160;for&#160;buyers&#160;to&#160;take&#160;a&#160;break&#160;to&#160;regroup&#160;and&#160;recharge.&#160; The&#160;upper&#160;and&#160;lower&#160;parallel&#160;lines&#160;act&#160;as&#160;resistance&#160;and&#160;support&#160;respectively.&#160;&#160; After&#160;the&#160;pattern&#160;is&#160;broken&#160;to&#160;the&#160;upside,&#160;the&#160;price&#160;will&#160;continue&#160;the&#160;previous&#160;bull&#160;trend&#160;and&#160;move&#160; higher.&#160;&#160;From&#160;a&#160;trader’s&#160;perspective,&#160;entry&#160;points&#160;can&#160;either&#160;be&#160;after&#160;the&#160;price&#160;breaks&#160;through&#160;the&#160; upper&#160;trendline&#160;or&#160;at&#160;bottom&#160;of&#160;the&#160;flag,&#160;the&#160;latter&#160;gives&#160;the&#160;trader&#160;advantages&#160;to&#160;set&#160;up&#160;the&#160;position&#160; ahead&#160;of&#160;another&#160;upward&#160;trend.&#160;&#160;The&#160;length&#160;of&#160;the&#160;flagpole&#160;can&#160;be&#160;measured&#160;as&#160;a&#160;potential&#160;profit.&#160; Key&#160;points: ·&#160;It&#160;usually&#160;occurs&#160;after&#160;a&#160;large-scale&#160;uptrend&#160;with&#160;a&#160;rapid&#160;price&#160;rise. ·&#160;The&#160;volume&#160;is&#160;noticeably&#160;decreasing&#160;throughout&#160;the&#160;flag-forming&#160;process. ·&#160;The&#160;flag&#160;pattern&#160;is&#160;a&#160;short-term&#160;pattern,&#160;the&#160;formation&#160;period&#160;generally&#160;does&#160;not&#160;exceed&#160;20&#160;trading&#160;days,&#160;oftentimes,&#160;each&#160;rally&#160;and&#160;pullback&#160;lasts&#160;three&#160;to&#160;four&#160;days.&#160;Traders&#160;should&#160;be&#160;cautious&#160;If&#160;a&#160;breakout&#160;does&#160;not&#160;happen&#160;after&#160;three&#160;weeks.&#160;&#160;It’s&#160;rare&#160;to&#160;see&#160;a&#160;flag&#160;pattern&#160;on&#160;a&#160;monthly&#160;chart.&#160;If&#160;the&#160;consolidation&#160;period&#160;is&#160;too&#160;long,&#160;it&#160;may&#160;form&#160;a&#160;top. ·&#160;A&#160;volume&#160;spike&#160;at&#160;the&#160;breakout&#160;point&#160;serves&#160;as&#160;strong&#160;evidence&#160;to&#160;confirm&#160;the&#160;pattern. ·&#160;Two&#160;trendlines&#160;are&#160;parallel&#160;to&#160;each&#160;other,&#160;unlike&#160;pennant,&#160;where&#160;two&#160;lines&#160;are&#160;converging. Advantages ·&#160;Flag&#160;patterns&#160;can&#160;be&#160;used&#160;to&#160;explain&#160;major&#160;breakouts,&#160;and&#160;if&#160;the&#160;breakout&#160;is&#160;confirmed,&#160;a&#160;significant&#160;price&#160;rise&#160;is&#160;expected&#160;afterward. ·&#160;It&#160;presents&#160;an&#160;attractive&#160;potential&#160;reward&#160;where&#160;a&#160;trader&#160;can&#160;enter&#160;a&#160;trade&#160;before&#160;the&#160;price&#160;takes&#160;off;&#160;it&#160;also&#160;comes&#160;with&#160;relatively&#160;low&#160;risk&#160;where&#160;the&#160;stop&#160;loss&#160;can&#160;be&#160;set&#160;at&#160;low&#160;points&#160;on&#160;the&#160;lower&#160;trendline.&#160;&#160;If&#160;comparing&#160;the&#160;length&#160;of&#160;the&#160;pole&#160;(potential&#160;profit)&#160;to&#160;the&#160;width&#160;of&#160;the&#160;flag&#160;(potential&#160;risk),&#160;the&#160;ratio&#160;can&#160;be&#160;lucrative.&#160; ·&#160;It&#160;works&#160;on&#160;most&#160;of&#160;the&#160;time&#160;frames&#160;and&#160;chart&#160;types. ·&#160;It’s&#160;known&#160;as&#160;one&#160;of&#160;the&#160;reliable&#160;continuation&#160;patterns.&#160; The&#160;pattern&#160;is&#160;not&#160;easy&#160;to&#160;recognize&#160;for&#160;a&#160;novice&#160;trader.&#160;We&#160;are&#160;proud&#160;to&#160;present&#160;you&#160;with&#160;our&#160; powerful&#160;tool,&#160;“Bullish&#160;Flag&#160;Chart&#160;Pattern&#160;Indicator”.&#160;&#160;It&#160;will&#160;automatically&#160;draw&#160;two&#160;trend&#160;lines&#160;of&#160; the&#160;Bullish&#160;Flag&#160;on&#160;the&#160;chart&#160;when&#160;the&#160;pattern&#160;is&#160;formed,&#160;so&#160;you&#160;can&#160;be&#160;informed&#160;and&#160;prepared&#160; when&#160;the&#160;opportunities&#160;come. Bearish&#160;Flag After&#160;the&#160;price&#160;falls&#160;sharply,&#160;it&#160;starts&#160;a&#160;choppy&#160;price&#160;movement&#160;to&#160;the&#160;upside&#160;known&#160;as&#160;the&#160; consolidation&#160;period.&#160; If we&#160;connect&#160;the&#160;highs&#160;and&#160;lows&#160;with&#160;a&#160;straight&#160;line,&#160;we&#160;will&#160;get&#160;a&#160;parallelogram&#160; that’s&#160;titled&#160;to&#160;the&#160;upper&#160;right,&#160;as&#160;shown&#160;in&#160;the&#160;picture&#160;above.&#160;&#160;This&#160;rectangular&#160;graph&#160;resembles&#160;the&#160; shape&#160;of&#160;a&#160;flag,&#160;and&#160;the&#160;sharp&#160;price decrease, is&#160;often&#160;called&#160;the&#160;“flagpole”.&#160;&#160;&#160; The&#160;formation&#160;of&#160;the&#160;bearish&#160;flag&#160;pattern&#160;reflects&#160;the&#160;situation&#160;where&#160;the&#160;sellers&#160;are&#160;willing&#160;to&#160;sell&#160; at&#160;a&#160;lower&#160;and&#160;lower price, and&#160;the&#160;buyers&#160;are&#160;actively&#160;searching&#160;for&#160;a&#160;bargain.&#160; This&#160;balance&#160;of&#160;power&#160;causes&#160;the&#160;price&#160;to&#160;bounce&#160;between&#160;upper&#160;and&#160;lower&#160;trendlines.&#160;&#160; After&#160;one&#160;party’s&#160;funds&#160;are&#160;exhausted,&#160;the&#160;direction&#160;of&#160;the&#160;trend&#160;will&#160;emerge&#160;again,&#160;here,&#160;there&#160;is&#160; a&#160;high&#160;probability&#160;that&#160;the&#160;future&#160;trend&#160;will&#160;continue&#160;to&#160;decline.&#160;&#160;&#160; Key&#160;points: ·&#160;The&#160;bearish&#160;flag&#160;usually&#160;takes&#160;about&#160;2&#160;weeks&#160;to&#160;form,&#160;sometimes&#160;even&#160;longer. [&#8230;]]]></description>
		
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		<title>Auto trendline, uptrend ascending trend line and downtrend descending trend line indicator</title>
		<link>https://patternsmart.com/wp/auto-trendline-uptrend-ascending-trend-line-and-downtrend-descending-trend-line-indicator/</link>
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		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Mon, 06 Mar 2023 22:39:50 +0000</pubDate>
				<category><![CDATA[Chart Pattern]]></category>
		<guid isPermaLink="false">https://patternsmart.com/wp/?p=828</guid>

					<description><![CDATA[Auto&#160;trendline,&#160;uptrend&#160;ascending&#160;trend&#160;line&#160;and&#160;downtrend&#160;descending&#160;trend&#160;line&#160;indicator Trendlines&#160;are&#160;a&#160;simple&#160;yet&#160;powerful&#160;tool&#160;used&#160;in&#160;technical&#160;analysis&#160;to&#160;identify&#160;the&#160;direction&#160;of&#160;a&#160;trend&#160; and&#160;possible&#160;support&#160;and&#160;resistance&#160;levels.&#160;For&#160;example,&#160;in&#160;financial&#160;markets,&#160;trendlines&#160;help&#160;to&#160;provide&#160; a&#160;visual&#160;representation&#160;of&#160;price&#160;action.&#160;There&#160;are&#160;two&#160;types&#160;of&#160;trendlines:&#160;uptrend&#160;ascending&#160;trendlines&#160; and&#160;downtrend&#160;descending&#160;trendlines. Uptrend&#160;Ascending&#160;Trendline:&#160;An&#160;uptrend&#160;ascending&#160;trendline&#160;is&#160;a&#160;line&#160;drawn&#160;along&#160;the&#160;lows&#160;in&#160;an&#160; uptrend&#160;to&#160;identify&#160;the&#160;direction&#160;of&#160;the&#160;trend.&#160;Traders&#160;can&#160;draw&#160;an&#160;uptrend&#160;line&#160;by&#160;connecting&#160;two&#160;or&#160; more&#160;low&#160;points&#160;on&#160;a&#160;chart&#160;and&#160;projecting&#160;the&#160;line&#160;forward.&#160;The&#160;line&#160;acts&#160;as&#160;a&#160;support&#160;level,&#160;and&#160;if&#160;the&#160; price&#160;action&#160;bounces&#160;off&#160;the&#160;line,&#160;it&#160;confirms&#160;the&#160;uptrend.&#160;Traders&#160;can&#160;use&#160;this&#160;information&#160;to&#160;identify&#160; buying&#160;opportunities. Downtrend&#160;Descending&#160;Trendline:&#160;A&#160;downtrend&#160;descending&#160;trendline&#160;is&#160;a&#160;line&#160;drawn&#160;along&#160;the&#160;highs&#160; in&#160;a&#160;downtrend&#160;to&#160;identify&#160;the&#160;direction&#160;of&#160;the&#160;trend.&#160;To&#160;create&#160;a&#160;downtrend&#160;line,&#160;traders&#160;link&#160;two&#160;or&#160; more&#160;high&#160;points&#160;and&#160;extend&#160;the&#160;line&#160;forward,&#160;in&#160;contrast&#160;to&#160;the&#160;uptrend&#160;line,&#160;which&#160;connects&#160;two&#160;or&#160; more&#160;low&#160;points.&#160;The&#160;line&#160;acts&#160;as&#160;a&#160;resistance&#160;level,&#160;and&#160;if&#160;the&#160;price&#160;action&#160;bounces&#160;off&#160;the&#160;line,&#160; it&#160;confirms&#160;the&#160;downtrend. Auto&#160;Trendline&#160;Indicator:&#160;An&#160;auto&#160;trendline&#160;indicator&#160;is&#160;a&#160;technical&#160;tool&#160;that&#160;automatically&#160;draws&#160; trendlines&#160;based&#160;on&#160;price&#160;action.&#160;The&#160;indicator&#160;can&#160;be&#160;used&#160;to&#160;identify&#160;uptrend&#160;and&#160;downtrend&#160;market&#160; conditions,&#160;support&#160;and&#160;resistance&#160;levels,&#160;and&#160;potential&#160;trend&#160;reversals.&#160;&#160;Using&#160;auto&#160;trendlines&#160;can&#160; save&#160;traders&#160;time&#160;and&#160;effort,&#160;as&#160;the&#160;indicator&#160;eliminates&#160;the&#160;need&#160;for&#160;manual&#160;chart&#160;analysis.&#160; Traders&#160;can&#160;also&#160;set&#160;up&#160;alerts&#160;or&#160;notifications&#160;to&#160;be&#160;triggered&#160;when&#160;price&#160;action&#160;approaches&#160;or&#160;crosses&#160;the&#160;trendline. In&#160;conclusion,&#160;trendlines&#160;are&#160;a&#160;valuable&#160;tool&#160;for&#160;traders&#160;who&#160;want&#160;to&#160;identify&#160;the&#160;direction&#160;of&#160;a&#160;trend,&#160; support&#160;and&#160;resistance&#160;levels,&#160;and&#160;potential&#160;trend&#160;reversals.&#160;In&#160;addition,&#160;auto&#160;trendline&#160;indicators&#160;can&#160; make&#160;the&#160;chart&#160;analysis&#160;process&#160;more&#160;straightforward&#160;and&#160;efficient.&#160;However,&#160;it&#160;is&#160;essential&#160;to&#160;note&#160; that&#160;trendlines&#160;should&#160;not&#160;be&#160;the&#160;sole&#160;basis&#160;for&#160;trading decisions, and&#160;should&#160;be&#160;used&#160;together&#160;with&#160; other&#160;technical&#160;and&#160;fundamental&#160;analysis&#160;tools. For more details about this indicator please visit patternsmart.com]]></description>
		
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		<title>Tradingview  Double Bottom Chart Pattern indicator with alert</title>
		<link>https://patternsmart.com/wp/tradingview-double-bottom-chart-pattern-indicator-with-alert/</link>
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		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Fri, 24 Jan 2020 22:38:56 +0000</pubDate>
				<category><![CDATA[Chart Pattern]]></category>
		<category><![CDATA[Tradingview]]></category>
		<guid isPermaLink="false">http://patternsmart.com/wp/?p=741</guid>

					<description><![CDATA[VIP price: $29 &#160; This is a Permanent access license, please provide your Tradingview ID along with your payment. Double bottom is a very common chart pattern, as its name indicates, it consists of two bottoms, and these two bottoms need to be in a relative flat price level. One of the bottom can&#8217;t be [&#8230;]]]></description>
		
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		<title>NinjaTrader 8 Triangle Chart pattern indicator for NT8</title>
		<link>https://patternsmart.com/wp/ninjatrader-8-triangle-chart-pattern-indicator-for-nt8/</link>
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		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Fri, 24 Jan 2020 22:31:43 +0000</pubDate>
				<category><![CDATA[Bearish and Bullish]]></category>
		<category><![CDATA[Chart Pattern]]></category>
		<category><![CDATA[Indicator]]></category>
		<category><![CDATA[Ninjatrader]]></category>
		<guid isPermaLink="false">http://patternsmart.com/wp/?p=737</guid>

					<description><![CDATA[Please note that this purchase is a 1-Year license. About License renew. This indicator will automatically detect all three types of triangle chart patterns, the symmetrical triangle, the descending triangle and the ascending triangle.&#160; It will draw two trend lines of the triangle on the chart when the pattern is formed. Features: Drawing Triangle chart [&#8230;]]]></description>
		
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		<title>NinjaTrader8 Broadening Formation Chart pattern indicator for  NT8</title>
		<link>https://patternsmart.com/wp/ninjatrader8-broadening-formation-chart-pattern-indicator-for-nt8/</link>
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		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Fri, 24 Jan 2020 22:22:58 +0000</pubDate>
				<category><![CDATA[Bearish and Bullish]]></category>
		<category><![CDATA[Chart Pattern]]></category>
		<category><![CDATA[Ninjatrader]]></category>
		<guid isPermaLink="false">http://patternsmart.com/wp/?p=725</guid>

					<description><![CDATA[This indicator will automatically detect Broadening Formation chart pattern. It will draw two trend lines of the Broadening Formation on chart when the pattern is formed. Features: &#160;&#160;&#160; Drawing Broadening Formation chart pattern for both realtime and historical data. &#160;&#160;&#160; Adjustable length of pattern legs. &#160;&#160;&#160; Using different combination of parameters, you can easily identify [&#8230;]]]></description>
		
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		<title>NinjaTrader 8 Falling Wedge Chart pattern indicator for NT8</title>
		<link>https://patternsmart.com/wp/ninjatrader-8-falling-wedge-chart-pattern-indicator-for-nt8/</link>
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		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Fri, 24 Jan 2020 22:21:39 +0000</pubDate>
				<category><![CDATA[Bearish and Bullish]]></category>
		<category><![CDATA[Chart Pattern]]></category>
		<category><![CDATA[Indicator]]></category>
		<category><![CDATA[Ninjatrader]]></category>
		<guid isPermaLink="false">http://patternsmart.com/wp/?p=723</guid>

					<description><![CDATA[This indicator will automatically detect Falling Wedge chart pattern. It will draw two trend lines of the Falling Wedge on chart when the pattern is formed. Features: &#160;&#160;&#160; Drawing Falling Wedge chart pattern for both realtime and historical data. &#160;&#160;&#160; Adjustable length of pattern legs. &#160;&#160;&#160; Using different combination of parameters, you can easily identify [&#8230;]]]></description>
		
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		<title>NinjaTrader8 Rising Wedge Chart pattern indicator for  NT8</title>
		<link>https://patternsmart.com/wp/ninjatrader8-rising-wedge-chart-pattern-indicator-for-nt8/</link>
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		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Fri, 24 Jan 2020 22:19:58 +0000</pubDate>
				<category><![CDATA[Bearish and Bullish]]></category>
		<category><![CDATA[Chart Pattern]]></category>
		<category><![CDATA[Indicator]]></category>
		<category><![CDATA[Ninjatrader]]></category>
		<guid isPermaLink="false">http://patternsmart.com/wp/?p=721</guid>

					<description><![CDATA[This indicator will automatically detect Rising&#160; Wedge chart pattern. It will draw two trend lines of the Rising&#160; Wedge on chart when the pattern is formed. Features: &#160;&#160;&#160; Drawing Rising&#160; Wedge chart pattern for both realtime and historical data. &#160;&#160;&#160; Adjustable length of pattern legs. &#160;&#160;&#160; Using different combination of parameters, you can easily identify [&#8230;]]]></description>
		
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		<title>NinjaTrader NT8 Bearish Pennant Chart pattern indicator with alert</title>
		<link>https://patternsmart.com/wp/ninjatrader-nt8-bearish-pennant-chart-pattern-indicator-with-alert/</link>
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		<dc:creator><![CDATA[admin]]></dc:creator>
		<pubDate>Wed, 22 Jan 2020 02:51:46 +0000</pubDate>
				<category><![CDATA[Bearish Patterns]]></category>
		<category><![CDATA[Chart Pattern]]></category>
		<category><![CDATA[Indicator]]></category>
		<category><![CDATA[Ninjatrader]]></category>
		<guid isPermaLink="false">http://patternsmart.com/wp/?p=715</guid>

					<description><![CDATA[This indicator will automatically detect Bearish Pennant&#160; chart pattern. It will draw two trend lines of the Bearish Pennant&#160; on chart when the pattern is formed. Features: &#160;&#160;&#160; Drawing Bearish Pennant&#160; chart pattern for both realtime and historical data. &#160;&#160;&#160; Adjustable length of pattern legs. &#160;&#160;&#160; Using different combination of parameters, you can easily identify [&#8230;]]]></description>
		
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