Also a bull flag. A flag is neutral until a trendline is broken with a trend in that direction.
The top trendline of the flag is resistance, so price needs to break through that trendline with conviction.
ABC patterns are simple pull back patterns. Target is D. Possible stop under C.
No recommendation and this is not to long entry level yet.
The top trendline of the flag is resistance, so price needs to break through that trendline with conviction.
ABC patterns are simple pull back patterns. Target is D. Possible stop under C.
No recommendation and this is not to long entry level yet.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.