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Market Radar Methodology

Pennant Continuation Pattern

A pennant is a short compression pattern after a sharp trend move. Market Radar treats it as a compact continuation candidate when trend context remains intact.

Detection Focus

  • Sharp directional move
  • Short converging compression
  • Declining range size
  • Breakout or breakdown side is defined

Quality Signals

  • Compression stays compact
  • Volume cools
  • Trend context remains clear
  • Invalidation sits close to the structure

Invalidation

  • Compression expands against trend
  • Structure takes too long
  • Trend context weakens
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Education pages explain market analysis concepts and scanner context. They are for learning and research, not financial advice or direct trade recommendations.