A very rustic chart showing the bear flag we have been in since the huge dump and until today, we have been struggling to break out of.
This could very well be the break above we all hoped for, although I would wait at least another week of breaking this flag pattern before I change my personal bias. I do think this could be a possible fake-out but we will see given the time needed to confirm this a a breakout.
This could very well be the break above we all hoped for, although I would wait at least another week of breaking this flag pattern before I change my personal bias. I do think this could be a possible fake-out but we will see given the time needed to confirm this a a breakout.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.