Please read the notes on the chart in order
Comment:
My rule is simple.
It's the trend until it's not.
It's the trend until it's not.
Comment:
I've looked again and MAY of made a mistake. the flag I'm assuming (grey) should be drawn from the end of the purple zone (right corner). unless the flag (current flag) turns into a puking swan pattern, then it's as it is and accurate.
Closer outlook: