Bullish Pennant
Pros:
Descending volume during formation
PPS above 50MA and 200MA
R/R ratio above 5
250RSI above 50
200MA ascending
Cons:
RS below 0, and descending
ATR flat
If confirmed:
PT = 11.43$
Pros:
Descending volume during formation
PPS above 50MA and 200MA
R/R ratio above 5
250RSI above 50
200MA ascending
Cons:
RS below 0, and descending
ATR flat
If confirmed:
PT = 11.43$