Bullish Pennant
Pros:
Descending volume during formation
PPS above 50MA and 200MA
ATR Ascending
R/R ratio above 10
250RSI above 50
200MA ascending
Cons:
RS below 0, and descending, not pretty.
If confirmed:
PT = 7.98$
Pros:
Descending volume during formation
PPS above 50MA and 200MA
ATR Ascending
R/R ratio above 10
250RSI above 50
200MA ascending
Cons:
RS below 0, and descending, not pretty.
If confirmed:
PT = 7.98$
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.