Huge bullish pennant forming on the 4 hour time frame for TELUSDT. This pattern is a continuation pattern of the previous uptrend.
Increase in volume as there is an upwards breakout of this pattern is essential to confirm the upwards continuation. Set your stop loss below the lower ascending trend line.
VERY BULLISH!
** Do your own research when trading. Do not trade what you cannot afford to lose. This is for information only and represents real trading using the custom Diamond Indicator.
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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.