NQ1!, Bull Flag Resolution in Focus
4 Weeks of consolidation within a bull flag formation. The bull flag pattern default outcome is a new leg up. A breakout may unleash enough energy to reach the resistance marked on the chart. A failure to put a new leg up is the pattern failure that opens the door to retest the bull' flag pole origin. The market needs a catalyst to resolve the flag. High odds setups are available at the edges of the flag and its midpoint.
12/3/2022
12/3/2022
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.