Pennant Pattern Structure and Confirmation Points > Market briefings

[Category] Technical Analysis
[Original publication date] 2026-06-25

Based on the latest INFINOX educational article, we have organized the three stages of the pennant pattern: the preceding move, the short consolidation, and the boundary breakout. Bullish and bearish types should not be confirmed by shape alone; volume and the higher time frame context must be checked together.

Key points to check
- Observe the preceding move that forms the flagpole separately from the consolidation zone.
- Do not look only at the boundary breakout; check volume, the closing price, and the higher time frame direction together.
- Chart patterns are a tool for organizing possibilities and do not guarantee results.

Original article
Pennant Pattern in Technical Analysis: Understanding Bullish and Bearish Pennant Chart Patterns
https://www.infinox.com/global/en/pennant-pattern-trading-strategies/

This article is educational content independently summarized from official INFINOX public materials. It is not investment advice, a personal recommendation, or a guarantee of profit, and for actual product terms please check the official documents at the time of use.