Flag, pennant and triangle
These figures tell us the trend continues.
Flag has even structure, doesn’t contract or widen. It’s just a flat with slight slope against the major trend. The indispensable condition is the availability of a flagpole – a swift and strong movement toward trend and the following stop. At this moment, the market take a short rest and gains...
Expecting the price to breakout upwards. We can expect a move down to a maximum of 0.2728. A close under this level would invalidate this.
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