Bullish Pennant
Pros:
Descending volume during formation
PPS above 50MA and 200MA
RS above 0, and ascending
ATR Ascending
R/R ratio above 9
Cons:
200MA descending
250RSI below 50
If confirmed:
PT = 1,07$
Pros:
Descending volume during formation
PPS above 50MA and 200MA
RS above 0, and ascending
ATR Ascending
R/R ratio above 9
Cons:
200MA descending
250RSI below 50
If confirmed:
PT = 1,07$
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