Flag like pattern

38
Importantly if you look at the lower end of the WICK of the last candle you will see that it is quite long, signifying rejection and bulls making a handsome recovery , which is a bullish sign..i would expect more upside...especially if it comes out of the flag fold with good volumes ( important)...i think i have explained the idea, but remember that this is the stock market and anything is possible...if it breaks down and moves downward please discard it.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.