we're sitting on top of weekly 50ma, kinda expecting a wick underneath before the week ends and then finally breaking resistance and stopping at weekly resistance to form a flag.
I'm half expecting what I drew to be invalidated at some point so I can counter trade the pattern. But for the most part that's what I can see from here.
I'm half expecting what I drew to be invalidated at some point so I can counter trade the pattern. But for the most part that's what I can see from here.
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Chart is spot on so far, it tested down then up, and now consolidation has caught price upward for a test of resistance soon.
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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.