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The flag and pennant patterns are commonly found patterns in the price charts of financially traded assets (stocks, bonds, futures, etc.). [1] The patterns are characterized by a clear direction of the price trend, followed by a consolidation and rangebound movement, which is then followed by a resumption of the trend. [2]
Pennant race, the race to clinch the division title in a regular baseball season; Pennant (military), a tapering flag historically carried for identification purposes by cavalry detachments, attached to lances or standard poles. Pennant, a reference to Flag and pennant patterns in technical analysis of a stock market chart
A flag flown from a short jackstaff at the bow of a ship. National flag. Main article: National flag. A flag that represents and symbolizes a given nation. It is flown by the government of that nation, but can also be flown by its citizens. Pennon or pennant . Main article: Pennon. A flag that is wider at the hoist than at the fly. Pipe banner
Often called bloody flags or the bloody red (among other names, see § Names), pattern-free red flags were the traditional nautical symbol in European waters prior to the invention of flag signal codes to signify an intention to give battle and that 'no quarter would be given', indicating that surrender would not be accepted and all prisoners killed, but also vice versa, meaning that the one ...
The broad pennant combination of the English Flag [2] at the hoist and the Dutch National Flag [3] in the fly originates from the Anglo-Dutch wars of the late 17th century, when it was used on Sundays to indicate that a service was in progress and a ceasefire existed between the warring nations.
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Triangular pennant Tapering pennant Triangular swallowtail pennant. A pennon, also known as a pennant or pendant, is a long narrow flag which is larger at the hoist than at the fly, i.e., the flag narrows as it moves away from the flagpole. It can have several shapes, such as triangular, tapering (square tail) or triangular swallowtail (forked ...
In heraldry and vexillology, a heraldic flag is a flag containing coats of arms, heraldic badges, or other devices used for personal identification. Heraldic flags include banners, standards, pennons and their variants, gonfalons, guidons, and pinsels. Specifications governing heraldic flags vary from country to country, and have varied over time.
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