Quick peek at the 4 hour chart - looks like the shape of a bull flag forming after a big run from 503 up to 618.
If this materializes (breakout from flag with volume) it could put us up to the Cup and Handle target that many were calling for around the 680 mark.
Should the price dip below about the 550 area, I'd call this bull flag a bit of bull ****.
Trade happy, trade safe, and don't trade based on anything written here.
<3
If this materializes (breakout from flag with volume) it could put us up to the Cup and Handle target that many were calling for around the 680 mark.
Should the price dip below about the 550 area, I'd call this bull flag a bit of bull ****.
Trade happy, trade safe, and don't trade based on anything written here.
<3
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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.