The high 2 micro double bottom bull flag has triggered from last week. The bears were unable to fill the $10 bull gap. Bulls likely to get second leg up from strong bull rally. They want a measured move up based on the spike or a leg 1 = leg 2 measured move. Prices will likely soon enter a bull channel. The bears need to generate strong selling pressure before they are likely to reverse the bull trend.
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.