Chart pattern: Bull flag

Entry: 32.40$ (this would end the downtrend of the correction)

Stop: 24$

Target: 60$

Stopmanagement: ATR Stops daily chart default settings

Risk:Reward-Ratio: > 3:1

Description: The chart is forming a bull flag with a nice corrective pattern. Target is the 1:1 Fibonacci extension of the former impuslive move.
Chart Patterns

Disclaimer