A bullish flag is being formed. If price retests, it could possibly hit the 1940-1920 area before a reversal. Price attempted to retest the previous demand zone yet failed to break above, confirming that the pullback is not yet complete.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
