Bullish Pennant
Pros:
Descending volume during formation
PPS above 50MA and 200MA
RS above 0, and ascending
ATR Ascending
R/R ratio above 9
200MA Ascending
Cons:
250RSI below 50
If confirmed:
PT = 3.14$
Pros:
Descending volume during formation
PPS above 50MA and 200MA
RS above 0, and ascending
ATR Ascending
R/R ratio above 9
200MA Ascending
Cons:
250RSI below 50
If confirmed:
PT = 3.14$
