Do more touches make a bullish pennant a better trade?
Version 1.0 · report 2026-09-10 · study recorded 2026-08-26

QUESTION AND FINDING
A pennant with more bounces can look more established. In this study, that did not make it a better-paying trade. The four-touch group had the highest average result, even though some higher-touch groups won more often.

METHOD
Population: 9,057 retained bullish-pennant-family trades from a v62 cache generated August 21, 2026. The audit names 1,416 symbols and 48,130 all-family source rows. Exact first and last trade dates are not recorded in the audit.
Overlap rule: Across all families, group by symbol and direction, sort by entry, keep the first trade in an overlapping holding-window cluster, and prefer more touches on same-day ties; then select the bullish-pennant family.
Metric: Mean original-risk R includes wins and losses. Chart dollar labels multiply the recorded R by 100 solely for explanation. The 40% comparison uses 0.462 versus 0.772.
Evidence retained: August 26 audit summary and final episode transcript. The original source cache hash is 1c0d2b4df761d519a05ed218f633837d9b226415c787b89c2a0a5b0434b8b7a2; the current file at that path has a different hash and was not substituted.

SOURCE
Source: TradingPal’s August 26, 2026 touch-count audit, used for the bullish pennant episode. The figures are the saved audit summary, separate from the episode’s overall scanner record.

LIMITATIONS
- These are historical simulations, not actual customer trades or papers reviewed by independent academic experts. Prices, trading costs and future market conditions can produce different results.
- Several trades can come from the same stock or the same market period. They are not independent coin flips. A large trade count does not turn one historical comparison into a promise about the future.
- The historical universe does not fully represent companies that failed or disappeared. Daily price summaries also cannot show every move within a trading session, and modeled entries or exits may be unavailable in practice.
- This is a separate historical trade-level study, not a breakdown of the video’s overall setup count or today’s scanner. The bullish-pennant family includes the related consolidation shapes grouped with it by the research system.
- No new portfolio replay, cost adjustment or independent statistical validation is claimed. Removing overlapping trades does not remove every dependence between observations.

CITATION
TradingPal Research (2026-09-10). Do more touches make a bullish pennant a better trade? Version 1.0. Historical study recorded 2026-08-26. https://tradingpal.io/learn/research/pennant-touch-count-study