Bullish Pennant, confirmed
Pros:
Descending volume during formation
Volume increase at break out
PPS above 50MA and 200MA
ATR Ascending
R/R ratio above 8
250RSI above 50
200MA ascending
RS above 0, and ascending
Target:
PT = 12.26$
Pros:
Descending volume during formation
Volume increase at break out
PPS above 50MA and 200MA
ATR Ascending
R/R ratio above 8
250RSI above 50
200MA ascending
RS above 0, and ascending
Target:
PT = 12.26$
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.