FX:USDCAD   U.S. Dollar/Canadian Dollar
103 0 3
Bullish pennants, just like its name suggests, signals that bulls are about to go a-chargin’ again. This means that the sharp climb in price would resume after that brief period of consolidation, when bulls gather enough energy to take the price higher again

Read more: http://www.babypips.com/school/middle-school/important-chart-patterns/pennants.html#ixzz38BoHhKsA
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