Chart pattern: Bull flag
Entry: 1.84$ (this would end the downtrend of the correction/bull flag)
Stop: 1.69$
Target: 2.31$
Stopmanagement: ATR Stops 4H chart default settings
Description: The chart is forming a bull flag with a nice corrective pattern (which retraced under the 38 Fibonacci retracement). Target is the 1:1.6 Fibonacci extension of the former impusliv move.
Entry: 1.84$ (this would end the downtrend of the correction/bull flag)
Stop: 1.69$
Target: 2.31$
Stopmanagement: ATR Stops 4H chart default settings
Description: The chart is forming a bull flag with a nice corrective pattern (which retraced under the 38 Fibonacci retracement). Target is the 1:1.6 Fibonacci extension of the former impusliv move.
Note
New Entry: 1.75$Trade active
Note
Stopmanagement: 1.70$
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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.
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.