Looks like a bullish pennant has formed here shortly after the cup and handle formation.
The converging trendlines over the last couple of weeks seem to have set into its consolidation period.
There is also an indication of weakening volume.
Looking for a breakout @ 11 to confirm entry for a swing.
The converging trendlines over the last couple of weeks seem to have set into its consolidation period.
There is also an indication of weakening volume.
Looking for a breakout @ 11 to confirm entry for a swing.
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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.