Hi Folks, I truly believe this consolidation will end as a bull flag and not a bear channel!
Today's candle is very bullish and we have 3 major signals:
- Green 2 closing above green 1 high (yesterday's high)
- TDST Resistance is already being pierced we are only on bar 2/9 of the setup
- Birth of a new daily uptrend with a new sequential countdown 1/13
At least we should reach the upper line of the channel and find some resistance there.
Then a breakout should occur.
We will look at my Sequential indicator for confirmation once this level is reached
MATHR3E
Sequential Indicators:
Today's candle is very bullish and we have 3 major signals:
- Green 2 closing above green 1 high (yesterday's high)
- TDST Resistance is already being pierced we are only on bar 2/9 of the setup
- Birth of a new daily uptrend with a new sequential countdown 1/13
At least we should reach the upper line of the channel and find some resistance there.
Then a breakout should occur.
We will look at my Sequential indicator for confirmation once this level is reached
MATHR3E
Sequential Indicators: