The initial trading idea of the bull flag is still in play:
We are now forming an ascending triangle where I see the chance of breaking that to the upside slightly higher.
Therefore you could by at the support of the triangle. Please be cautious because it could also break to the downside.
To play it safe you could also trade the breakout (breakout, retest, resumption).
We are now forming an ascending triangle where I see the chance of breaking that to the upside slightly higher.
Therefore you could by at the support of the triangle. Please be cautious because it could also break to the downside.
To play it safe you could also trade the breakout (breakout, retest, resumption).
Trade closed: stop reached
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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.
Related publications
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.