Bullish Pennant
Pros:
Descending volume during formation
PPS above 50MA and 200MA
RS above 0, and ascending
R/R ratio above 4
200MA ascending
250RSI above 50
Cons:
ATR flat
If confirmed:
PT = 1.08$
Pros:
Descending volume during formation
PPS above 50MA and 200MA
RS above 0, and ascending
R/R ratio above 4
200MA ascending
250RSI above 50
Cons:
ATR flat
If confirmed:
PT = 1.08$