Everyone got reward for their patience . Target 2 completed🍸

Key Events This Week ☄️

1. OPEC Monthly Report - Tuesday

2. May CPI Inflation data - Wednesday

3. Fed Interest Rate Decision - Wednesday

4. Fed Press Conference - Wednesday

5. May PPI Inflation data - Thursday

6. MI Consumer Sentiment data - Friday

I'm in ✔️

I hope everyone entered and waiting for tp1 ☄️

🇺🇸 US inflation falls to 3.3%, lower than expectations.

Target 1 done ✅

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2 Targets Completed ✅

Pennants

Pennants are drawn with two trendlines that eventually converge. A key characteristic of pennants is that the trendlines move in two directions—that is, one will be a down trendline and the other an up trendline. The figure below shows an example of a pennant. Often, volume will decrease during the formation of the pennant, followed by an increase when price eventually breaks out.

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