It broke down from main trendline (1) to lower channel trendline (2).
It's trending at the trendline (2).
Forming a bullflag, however, close to the lower boundary of the trendline (2).
It's indecisive at this moment.
It could remain within the trendline 2 channel; -> remain cautiously bullish
It could breakdown; -> switch to bearish
Or, it could move back to trendline 1 (after retest); -> full bullmode on;
DYOR / NFA
It's trending at the trendline (2).
Forming a bullflag, however, close to the lower boundary of the trendline (2).
It's indecisive at this moment.
It could remain within the trendline 2 channel; -> remain cautiously bullish
It could breakdown; -> switch to bearish
Or, it could move back to trendline 1 (after retest); -> full bullmode on;
DYOR / NFA