Rational of Recommendation
1. Bullish pennant formation on the daily time framework
2. Price trade-in a range bounded take the opportunity with favourable risk-reward ration.
3. Buy on a support level of Pennant pattern and Sell on Upper range of resistance with respective stop loss level of previous daily High/Low.
1. Bullish pennant formation on the daily time framework
2. Price trade-in a range bounded take the opportunity with favourable risk-reward ration.
3. Buy on a support level of Pennant pattern and Sell on Upper range of resistance with respective stop loss level of previous daily High/Low.
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