Today we will share a long setup we are waiting for.
On CRM we are observing a 150 days Flag pattern completed from a technical perspective
-The Flag pattern is supported on a broken ascending trendline
-The confirmation level to activate a setup is the green line. IF the price reaches that level we will open long positions towards the First and Second Target (Fibo Extension)
-The invalidation level for this idea is below the Corrective structure, also that's a key level to set stop-loss orders
-If everything goes as expected, we think the movement can take about 4 to 5 months.
If you have any doubt don't hesitate to write us a comment below!
On CRM we are observing a 150 days Flag pattern completed from a technical perspective
-The Flag pattern is supported on a broken ascending trendline
-The confirmation level to activate a setup is the green line. IF the price reaches that level we will open long positions towards the First and Second Target (Fibo Extension)
-The invalidation level for this idea is below the Corrective structure, also that's a key level to set stop-loss orders
-If everything goes as expected, we think the movement can take about 4 to 5 months.
If you have any doubt don't hesitate to write us a comment below!