Beautiful Bullish Flag (M) Eying Breakout
A beautiful bullish flag has formed on the monthly charts, with projections around 56. However, there is strong resistance around 48, which could be a good point to offload a small portion and consider rebuying after a pullback or once the resistance is cleared. The exact target of the projections will depend on the value where the breakout occurs, so adjust your strategy accordingly!
Note: Always consider your own research and risk management before making any decisions.
Note: Always consider your own research and risk management before making any decisions.
Trade closed: target reached
So beautifully respected the target of small chunk offload area :-DNote
With the blessings of ALLAH Almighty, finally hit the target of monthly FLAG POL projections! :-) Offloaded chunk :-) & now waiting to...
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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.