If breakout to the below follows, the price target would be roughly EUR 6350
Difference = 6239
Subtract this difference from the point where price breaks the lower purple line @ EUR 12697
so not exactly EUR 6350, but around that level.
Google "pennant" for more background info.
However, this is roughly the price target of the pennant-breakout
However, the price I mentioned is roughly the price target of the pennant-breakout.