I made adjustments to the bull flags to better fit the scenario. Refer to this picture when thinking bull flag.
Watch for BB squeeze, and expansion volatility is associated. We can see a scenario where candles hug the lower band until solid support.
We are consolidating within a rectangle, and we may see support near-range lows. This structure is still bullish. If you play this, set a tight stop below the range lows.
Watch for BB squeeze, and expansion volatility is associated. We can see a scenario where candles hug the lower band until solid support.
We are consolidating within a rectangle, and we may see support near-range lows. This structure is still bullish. If you play this, set a tight stop below the range lows.