This is a Dream chart pattern to be found. Multiple confluences of patterns and support lines intercepting at the same place.
You can see that there is a huge bottom support line intersecting with a down sloping support line. On top of this, we have a reversal pin bar on today's chart and the completion of a bear flag .
This is a 80% probability of success pattern. This is a Gold mine finding.
I'm so confident on this pattern that I will be risking 50% of my portfolio.
NOTE: This is not a financial advice. This is my on trading and how much risk tolerance I can take. You should only risk the money you can afford to lose.
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.