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CFX / TetherUS
Long

CFX - 🚩 Flying High: Unveiling the Bullish Flag Formation 📈🚀

By PIKandExmoStudy
On the weekly chart, CFX displays a promising bull flag formation. In the long term, it resembles a head and shoulders pattern around 0.09, with a favorable risk-reward profile. There are two resistance ladders on KDJ and Fisher indicators that need to be surpassed. The projected path is shown in black. The bull flag setup remains intact, even potentially retracing to the 0.07c area.

PS Notice the green highlights on indicators.
bullflagpatternCFXCFXUSDTChart PatternsfisherflagformationTechnical IndicatorstdsequentialTrend Analysiswilly
PIKandExmoStudy

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