The high & tight flag pattern is one of my favorite setups to trade & historically is one of the best setups that the market has to offer. This one, in particular, is downgraded due to its location relative to the overall state of the market, but nonetheless, still, something that may be interesting to many of you breakout traders out there. When it comes to...
COMP did break out above the top of the flag pattern, but the price has since dropped. If the price can continue to rise we could see gains of 160%.
UMA has the set up for a high and tight flag pattern but has not confirmed breakout yet. If breakout does occur above the top of the flag pole there is potential for a 300% increase in price. One worth watching.
AAVE did break out above the high and tight flag pattern, but the price has since dropped. The drop could be temporary, and the the expected move up could still happen. One worth watching.
Breakout from the high and tight flag pattern appeared to happen, but then the price has dropped - but not lower than the start of the flag pole, so the potential is still there for the graph to climb higher. One worth watching.