this is a bullish flag pattern and market went below to touch the demand zone
and now we begin a ride to the supply zone for a hopeful breakout as to being a bullish flag.
note: there has to be a BOS/CHOCH confirmation before picking the trade not just touching of the flag lines.
and watch out for sweeping of liquidity
and now we begin a ride to the supply zone for a hopeful breakout as to being a bullish flag.
note: there has to be a BOS/CHOCH confirmation before picking the trade not just touching of the flag lines.
and watch out for sweeping of liquidity
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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.