New to this, trying this out to see how it plays out. Looks to follow the standard bull flag pattern.
1) Spike in trading volume during flagpole phase
2) Followed by lower volume during current consolidation.
3) Looking for a breakout on higher relative volume to continue the upward trend.
Let me know if my interpretation of this pattern is correct and feel free to share your own thoughts.
Not trading advice.
1) Spike in trading volume during flagpole phase
2) Followed by lower volume during current consolidation.
3) Looking for a breakout on higher relative volume to continue the upward trend.
Let me know if my interpretation of this pattern is correct and feel free to share your own thoughts.
Not trading advice.
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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.
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.