perfect pennant, page-14

The Good,
I agree and you are spot on money on 19th OCT with following (your first MEL) Post:

*************** Pennant********************

MEL has just formed the most technically perfect bullish continuation pennant I have seen in many years. The chart is text book stuff and the current price is the mid-point of the uptrend to around .65 if the upward breakout starts in the next few days. Look at the following examples and then look at the MEL chart.

http://dailyforexjournal.com/post/pennant-pattern.html

http://www.incrediblecharts.com/technical/flags_and_pennants.php

*************** Pennant********************