Seems like a clear bull flag is in play.
Just had a fake put up with an immediate pullback to shake a few weak hands out.
Now building up and out of the flag/ upper trend line.
Fib extension target: golden pocket (.618). Could extend further to 1.0.
Just had a fake put up with an immediate pullback to shake a few weak hands out.
Now building up and out of the flag/ upper trend line.
Fib extension target: golden pocket (.618). Could extend further to 1.0.
Kommentera:
Flag has formed into more of a downward channel now….new idea shared!
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