Today we will talk about a technical pattern - a bullish pennant

A bullish pennant is a technical formation that signals the continuation of an uptrend ↗️

It is formed after a strong growth impulse, when the price consolidates in a narrowing range. After the pennant is completed, a breakout occurs upwards, which confirms the continuation of growth. It is important that the volumes increase during the breakout, which strengthens the signal ‼️