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pennant analysis
A pennant is forming which, considering the low volume downtrend, has an 88% chance of a down burst.
It should retrace by 51% of the flag height (A -> B), starting with the highest point reached inside the pennant, reaching point D.
reference: Bulkowski's Pennants - thepatternsite. com/pennants.html
It should retrace by 51% of the flag height (A -> B), starting with the highest point reached inside the pennant, reaching point D.
reference: Bulkowski's Pennants - thepatternsite. com/pennants.html
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