Bear Flag Formed, Pending Breakout
Updated
Price is showing solid support at $220, so it is possible that this is the bottom of a bear flag. With a bounce up toward $230, price is still in a middle ground where a clear direction can't be decided based on this pattern.
Pending further price movement for a breakout above $250 or below $215.
Pending further price movement for a breakout above $250 or below $215.
Trade closed: target reached
Note
3-1-0, sideways trade before target hit
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