PEL form PENNANT pattern
Updated
Expecting breakout for go Long .
Disclaimer: Analysis in charts are only for educational and information purpose only. Invest or Trade at your own risk management.
- Pennants are continuation patterns where a period of consolidation is followed by a breakout used in technical analysis.
- It's important to look at the volume in a pennant—the period of consolidation should have lower volume and the breakouts should occur on higher volume.
Disclaimer: Analysis in charts are only for educational and information purpose only. Invest or Trade at your own risk management.
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Gave breakdown and trade is active
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