A Bullish trend may indicate a trend continuation so the Pennant pattern may come into play. If the trend continues we are looking for a bullish breakout of this pennant pattern.
There is also a Descending triangle so a bearish breakout of this pattern may come into play.
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.