Is this buy signal, or bull trap?
Updated
Hi, Unilever seems to jump up from the bull flag pattern from 2012. I will still observe as GBP is not stable at this moment while current CEO resigns. Yet, assumed recession considered, dividend history, this is good time to go long? Ichimoku is up. RSI is near overbought. Any opinions?
Comment
Hi, I am sorry that I would have confused.It seems I can draw number of lines that I can fit the current candle stick below the bull-ish flag. So I wait.
Trade closed manually
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