#EducationalPost | Cryptocns

#EducationalPost First, let's review some definitions about trading and candlesticks. A trend is established with a bullish candle pattern called "pennant" which looks like a small or large triangle. The price will then either continue moving in the original direction with the continuation of the uptrend pennant or it will make a retracement by going down to previous highs and marking support before continuing to make new high for that swing. At this point, we can enter into an asset by Longing on a 12% to 20% correction after which price has pulled back from its push higher before continuing to reach new highs again. After a trend it can go into a pause and then reverse course, typically making a retracement move. The reversal at this point is considered to be an entry. That is called an entry 20% down can be usable as a moon bag