Bull Flag =In Blue= =Vs= Monthly Resistance Trend Line= In Red=
I will go with the bulls if we will break the Monthly trend line with the power of the Bull Flag.
If we will break the bottom of the Bull Flag we will probably go to test the Purple trend line and even breaking the line and hitting a lower low!
TRADE ONLY AFTER THE MARKET MAKES A MOVE
AND MOVE SL TO BREAK EVEN WITH A PARTIAL PROFIT
I will go with the bulls if we will break the Monthly trend line with the power of the Bull Flag.
If we will break the bottom of the Bull Flag we will probably go to test the Purple trend line and even breaking the line and hitting a lower low!
TRADE ONLY AFTER THE MARKET MAKES A MOVE
AND MOVE SL TO BREAK EVEN WITH A PARTIAL PROFIT