Christmas came early. It may or may not be a merry one. I will say, although it's a bearish pennant, like everyone on this platform keeps saying, pennants are fairly unreliable patterns compared to other ones like a head and shoulders for example, or an ascending or descending triangle, or a double bottom/double top etc. So, there is a bias to the downside, but not by much.
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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.