I put a red zone for all the places that I think will be major resistance and a green one for the major support. The idea here is that price is in an uptrend and we can look to buy either when the bull flag breaks out to the upside (more aggressive), or when the resistance level is tested and then we come back to support (safer). The target is just below the measured move of the flagpole but we will also take profits before each resistance.
The red on the chart flips to green when we enter because we are assuming that level will be overtaken and become support.
Make sure to drop a like if you agree with this analysis or comment why not if you disagree :).
The red on the chart flips to green when we enter because we are assuming that level will be overtaken and become support.
Make sure to drop a like if you agree with this analysis or comment why not if you disagree :).