UBL : Forming Bullish Pennant

UBL on the 1-hour timeframe displays a strong bullish trend, marked by a series of pennant formations—each followed by sharp upward breakouts. Currently, the price is consolidating within a third pennant, indicating a potential continuation pattern. The breakout level is highlighted at 380, and if breached with volume confirmation, the price is projected to target the 413 level based on the pennant’s measured move. Overall, the structure suggests bullish momentum remains intact, and a breakout above 380 could trigger the next leg higher.