//For my own learning and training //
SWED has made a bull flag that would suggest a move up .. BUT We are on levels of previous highs from FEB 2020 and Jan 2021 so there's a level of resistance close by..
So instead of instantly braking up, I would consider a similar pattern to occur that was in July - September 2020 after bull flag... A sideways market for 2 months and then we will knock the lower levels of rising channel in somewhere around May-June and start building momentum upwards after summer.
SWED has made a bull flag that would suggest a move up .. BUT We are on levels of previous highs from FEB 2020 and Jan 2021 so there's a level of resistance close by..
So instead of instantly braking up, I would consider a similar pattern to occur that was in July - September 2020 after bull flag... A sideways market for 2 months and then we will knock the lower levels of rising channel in somewhere around May-June and start building momentum upwards after summer.