it is going to complete a flag pattern after a clear upside move. so as the previous upside move, we can think that the next move could be upside after the valid breakout of this flag. I am not telling you guys to execute the market right now....wait for a valid breakout wait for better confirmation...then define your risk and then take the position.
note:- let's talk about the validity of a flag pattern. when you see the 4 touches on a flag pattern then it's going to be a valid pattern. another validity is a breakout. thank you
note:- let's talk about the validity of a flag pattern. when you see the 4 touches on a flag pattern then it's going to be a valid pattern. another validity is a breakout. thank you