A right angle descending triangle is considered a continuation pattern in equity charts (as opposed to a descending wedge which is also a triangle but with both sides sloping down. As a continuation pattern it is expected to continue in the direction of the entry, so as a pennant or flag with a rising flag pole it is expected to break up, followed by a retest of the top line then a further rise of the top line is not broken on the retest. The target becomes the height of the flag pole measured high to high (if a pennant / flag) or the vertical height of the triangle at the first bottom line touch if not equipped with a pole.
Those rules a pretty reliable in my experience.
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