Moodeng potential flag identified
Updated
Moodeng seems to have bounced potentially giving us an idea of the bottom of a bull flag or descending trend. Waiting to see confirmation of bullish trend, i.e. form HLs.
also, if this flag holds true I will expect some reaction at the top of the flag.
Scribbled a couple of scenarios that I will be watching for.
also, if this flag holds true I will expect some reaction at the top of the flag.
Scribbled a couple of scenarios that I will be watching for.
Note
added my TP areas and how it's progressing. Trade active
Still going... holding my 25% till the top of the channel. Trade closed: target reached
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