After the clear breakdown from the triangle pattern, it retested the support level 35900-35850 and took a bearish move.
Now it formed a flag pattern,
upside view : if the flag resistance's trend line is broken upside with good volume candle then we can see a bullish momentum.
downside view : if it continues to move downwards, if can respect previous swing lows
Do let me know your views in the comments below!!
Now it formed a flag pattern,
upside view : if the flag resistance's trend line is broken upside with good volume candle then we can see a bullish momentum.
downside view : if it continues to move downwards, if can respect previous swing lows
Do let me know your views in the comments below!!
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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.
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.