Break out of triangle/pennant

١٨ نوفمبر ٢٠٢٠

Using the breakout point of 18 with the height of A to B (5.5), this gives a conservative price target of 23.5. Using the top of the pennant, a bullish target of 26.5. Using tradingviews new VPRF tool (free to all users), analysing the pennant indicates a great amount of buy up than sell down. All good news, lets see where the next consolidation zone starts! :)