Another bull flag, or bearish black swan?
Another bull flag . Bearish black swan also appeared
Interestingly, the blackswan has the same fibro targets as the previously failed bearish gartley
Bull flag:
- long neck (good)
- continuation of strong trend (good)
- at resistance (bad)
Bearish swan:
- at resistance (good)
- bulls need a rest before going to higher high (good)
- bull flag might be a stronger indicator? previous gartley in same situation failed (bad)
Let's see how this plays out
Not financial advice. Educational purposes only
Interestingly, the blackswan has the same fibro targets as the previously failed bearish gartley
Bull flag:
- long neck (good)
- continuation of strong trend (good)
- at resistance (bad)
Bearish swan:
- at resistance (good)
- bulls need a rest before going to higher high (good)
- bull flag might be a stronger indicator? previous gartley in same situation failed (bad)
Let's see how this plays out
Not financial advice. Educational purposes only
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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.