Hi Traders!
The main idea of this chart is that the market just completed the bullish flag pattern.
After it the consolidation, it is going to fall towards the next Support.
Here are the indications which support our view:
If you have anything to add or a different point of view, feel free to comment!
Thanks and successful Trading :-)!
The main idea of this chart is that the market just completed the bullish flag pattern.
After it the consolidation, it is going to fall towards the next Support.
Here are the indications which support our view:
- Bullish Flag Pattern (lower TL not exact --> would you still call it a BFP?)
- Price @ Weekly Resistance
- Bearish Crossover of the MACD Oscillator
If you have anything to add or a different point of view, feel free to comment!
Thanks and successful Trading :-)!
