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LeLaf
Mar 20, 2021 4:07 AM

CINGF: Bullish Pennant (103%) Long

Coinsilium Group Ltd.OTC

Description

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$

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Education:
https://www.dailyfx.com/education/technical-analysis-chart-patterns/pennant-pattern.html
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