The price has formed a classic and near perfect bull flag on the 4-hour. Of course, the price target depends largely on the breakout point on the flag. I will update when and if it does break out, or not. The measured move is on the chart. The auto-pitchfork confirmed the pattern We shall see.
Note
The new candle broken out of the bull flag. A close of that candle above the flag will confirm the break out with the $109,000 price target
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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.