how do bullish pennant patterns differ from bearish pennants 
bullish pennant patterns occur after an uptrend and indicate a potential continuation of the upward movement bearish pennant patterns occur after a downtrend and suggest a potential continuation of the downward movement can pennant formations signal both continuation and reversal patterns pennant formations are primarily considered continuation patterns signaling a brief pause before the resumption of the existing trend however in certain contexts they may also act as reversal patterns 