There is a potenitial long or short opportunity here. I am leaning towards an expectation of a bullish trend
continuation but only time will tell. It is always a good idea to have reasons for entry in both directions.
The plan is to wait for a breakout either:
- a bullish
breakout of the flag pattern
- a bearish
breakout of the descending triangle
I have marked potential targets for both trades based on structure and fibonacci confluence
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