Bullish Pennant (62%)
Pros:
Volume during post formation
Descending volume during triangle formation
PPS above 50MA and 200MA
RS above 0 and ascending
R/R ratio above 4
250RSI above 50 but flat
200MA ascending
Cons:
ATR Flat
May fill gap back down to 3.15$
Target:
PT = 6.96$
Help how ever you can to keep this alive.
Thank you to those who have donated Coins!
Always do your own due dilligence. This is not financial advice
Stay Humble, have fun, make money!
Education:
https://www.dailyfx.com/education/technical-analysis-chart-patterns/pennant-pattern.html
Pros:
Volume during post formation
Descending volume during triangle formation
PPS above 50MA and 200MA
RS above 0 and ascending
R/R ratio above 4
250RSI above 50 but flat
200MA ascending
Cons:
ATR Flat
May fill gap back down to 3.15$
Target:
PT = 6.96$
Help how ever you can to keep this alive.
Thank you to those who have donated Coins!
Always do your own due dilligence. This is not financial advice
Stay Humble, have fun, make money!
Education:
https://www.dailyfx.com/education/technical-analysis-chart-patterns/pennant-pattern.html