Bigger Bullish Pennant
We recently broke down from the smaller bearish pennant then be bounced back above it. Looking at the bigger picture, it appears we are in a bigger bullish pennant and we have one tested the top of the triangle JUST ONCE indicated by the LH. If we get one more LH, then this is bullish pennant is solid & creates an opportunity to trade the bounces inside the triangle until the final breakout UPWARDS out of this triangle. This will take a couple of days and the final breakout should be early August. Unless some weird news throws a wrench into this plan.
Let me know your thoughts on this :)
Let me know your thoughts on this :)
You are always 1 trade away from life changing profit.
You are always 1 trade away from life changing profit.
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