HarmonyLong
Harmony One - Bull Flag, big next couple of days
A lot of lines going on, but the bottom support line where it starts (1) is that upwards momentum from a couple months ago when ONEUSD first started to take off. At (2), you can see the bull flag forming. If you take a look at (3), that's where it gets interesting. We're currently in a downward channel and heading towards that bottom support line shown from (1). My guess is that it will keep going down or sideways, bounce right off that support, and then break the downward channel upward giving us the next leg up fulfilling the bull flag pattern. You can also see from the two indicators at the bottom that squeeze momentum is looking to go back green soon with the SMI near the bottom levels...
Lmk what you all think!
ONEUSD first started to take off. At (2), you can see the bull flag forming. If you take a look at (3), that's where it gets interesting. We're currently in a downward channel and heading towards that bottom support line shown from (1). My guess is that it will keep going down or sideways, bounce right off that support, and then break the downward channel upward giving us the next leg up fulfilling the bull flag pattern. You can also see from the two indicators at the bottom that squeeze momentum is looking to go back green soon with the SMI near the bottom levels...Lmk what you all think!
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.