A nice long potential here. After the bullish impulse from the low areas, now the market is forming an expanding flag formation. Our job is to wait for the market to test the bottom of the expanding flag as shown, and if its holding wait for the bullish price action to jump in the market. First target the top as shown in the chart, if this is breaking extend your target.
Kommentera:
As you can see guys, the market opened with a large gap and then it just broke up aggressively.