Jump to: Pattern Result
Date and Arrival Time: 2021-03-24 15:00
Symbol Name: BOSCHLTD
Pattern and Direction: Bearish Pennant Break
Pattern Completion Price: 14064.00, Pattern Ideal Completion Price: 14090.65
A Bearish Pennant Break has arrived near market close.
This is a pattern with a formation span of 5 days.
There is a potential Sell opportunity at 14064.00. A safe stop-loss for this Pennant can be kept at 14270.00 as per the pattern or depending on the trader’s risk tolerance. PatternSurfer always advocates tight stop-losses to maintain the best risk-reward ratios .
UPDATE: 25th March – Success!
Let’s take a look at how this pattern’s results unfolded:
