$F - Forming another step or flagI published in prior chart with the flag breakout target of $25. We have achieved that target and now we are in the next flag formation. Some may see this as a stair step pattern.
If current flag breaks out we can see $30. If the flag breaks down, we can fill the gap at $21.80 area.
Target 1 - $30
Risk - break down to $21.80 area.
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How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.
