Please read the notes on the chart in order
Note
Reason :2 s3.amazonaws.com/tradingview/snapshots/e/EdPKv6YP.pngCloser outlook:

Note
My rule is simple.It's the trend until it's not.
Note
I've looked again and MAY of made a mistake. the flag I'm assuming (grey) should be drawn from the end of the purple zone (right corner). unless the flag (current flag) turns into a puking swan pattern, then it's as it is and accurate.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.
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.