$BMT
$Bullish Pennant
Strong upward move (the pole) followed by a tight symmetrical triangle consolidation.
This short pause reflects temporary profit-taking before the next leg higher.
Breakout above the upper trendline typically targets a move equal to the height of the pole.
One of the cleanest continuation patterns in a strong uptrend.
#BinancePick #EarningsSeason #TradingPatterns
$Bullish Pennant
Strong upward move (the pole) followed by a tight symmetrical triangle consolidation.
This short pause reflects temporary profit-taking before the next leg higher.
Breakout above the upper trendline typically targets a move equal to the height of the pole.
One of the cleanest continuation patterns in a strong uptrend.
#BinancePick #EarningsSeason #TradingPatterns