Flag Chart Formation

10 août 2022

This a a flag chart formation, we are currently awaiting either a breakout which will then mean we place a buy, this will the be a continuation chart pattern if it breaks out of the consolidation. Should it rather fail to break out of the consolidation and reverse we will place a sell with a TP at the bottom of the consolidation and further observe whether it'll break out for us to place a sell order or it'll again reverse for us to place a buy order and further observe the behavior

11 août 2022

Note

Failed to break resistance, place sell order