Maruti gonna crazy as it has pennant BO on hourly TF... Targets on chart...
A BULLISH PENNANT IS A PATTERN OF CONTINUATION, KAEF ALREADY FORMED AND BREAK THE PENNANT TRENDLINE, WHICH WILL LEAD KAEF TO AROUND 3750-3800 FOR THE FIRST TARGET PRICE. BEFORE START BULLISH IT MIGHT BE A PULL BACK TO THE AREA I MARK WITH A BLUE RECTANGLE (@3300~) IDX:KAEF THE FIRST TARGET PRICE IS 3750 - 3950 (REASON: PENNANT TARGET PRICE) THE SECOND TARGET...
TCS given pennant breakout, a resistance above which need to be broken for upmove,Targets on chart...
DLF has pennant breakout at 4hr and daily TF, 258 might come in 2-3 weeks. Targets on chart...
Ultracemco gave pennant breakout on 4hr TF with considerable volume. Its on all time high so supply can be seen at top. Lets see how it react on top, Targets on chart...
PENNANT PATTERN. TARGET SHOWS $21K, IT FAILS IF PENNANT BREAKS DOWN NO INVESTMENT ADVICE The Content is for informational purposes only, you should not construe any such information as investment, financial, or other advice.
Caught this one at the bottom of a huge falling wedge. Entry almost couldn't of been better. Price consolidated into huge bull pennant, and has broken out on high volume, cruising through the old resistance at the consolidation high. Next target is to break through the previous flagpole high. The sky may be the limit on this one.
Using the breakout point of 18 with the height of A to B (5.5), this gives a conservative price target of 23.5. Using the top of the pennant, a bullish target of 26.5. Using tradingviews new VPRF tool (free to all users), analysing the pennant indicates a great amount of buy up than sell down. All good news, lets see where the next consolidation zone starts! :)
Here we have a great example of a PENNANT PATTERN. It's an impulse - correction - continuation pattern. Wait for the breakout for the continuation and then enter the market. IT CAN TAKE PLENTY OF FORMS ! ! !
LINKBTC is creating an inverse head and shoulder after the price bounced on weekly support. Now the price is forming a bullish pennant and it's testing 0.618 Fibonacci retracements. IF the price will have a breakout upward According to Plancton's strategy, we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly...
TCS has pennant breakout on Hourly TF also broken resistance and now ready to fly. Targets on chart.
HCLTECH at 30mins TF has pennant Breakout... Targets on chart.
NMDC Pennant Breakout at 30 mins TF. Targets on chart...
BTCUSDT is creating a bullish pennant below the weekly structure. IF the price will have a breakout upwards and retest the pennant, According to Plancton's strategy, we can set a nice order Daily Weekly Monthly ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue...
Classic flagpole and pennant forming above near verticle trend line...
Waiting to brake the pennant... good potential profit for moon This is not a financial advise...my opinion only
Techm is at all time high resistance which was tried thrice , Seems this time it will break 845 resistance as got a huge volume and pennant breakout. Targets on chart...