Bullish Pennant (103%)
Pros:
Volume during post formation
Descending volume during triangle formation
PPS above 50MA and 200MA
RS above 0
ATR Ascending
R/R ratio above 7
250RSI above 50 and ascending
Cons:
200MA Flat
RS descending
Target:
PT = 0.8644$
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
ATR Ascending
R/R ratio above 7
250RSI above 50 and ascending
Cons:
200MA Flat
RS descending
Target:
PT = 0.8644$
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