Sometimes the 50 retracement is used
sometimes the 50 retarcement is used depending on where the swing high was taken form it could be viewed as a 618 or a 59. Nevertheless
there was no retracement only a breakout of the triangle. so keep that in mind when looking at pennants and triangle patterns
there was no retracement only a breakout of the triangle. so keep that in mind when looking at pennants and triangle patterns