As you see, there is an uptrend in the 4H chart. After a sharp rise and approaching to the resistance level at 1790, price pulled back and retraced the bullish move.
Now, a bullish flag pattern has been created but there is a resistance level at 1777
IF the flag pattern broken out to the upside, we can expect the price to rise as the same length as the flagpole around 1812-1814
Enter long at 1778.50 after the pattern’s upside breakout
Good luck & trade safe!
Now, a bullish flag pattern has been created but there is a resistance level at 1777
IF the flag pattern broken out to the upside, we can expect the price to rise as the same length as the flagpole around 1812-1814
Enter long at 1778.50 after the pattern’s upside breakout
Good luck & trade safe!
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