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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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.