Price has shot up and is now consolidating in an ascending
Flag pattern. If price breaks out below we may see a move to
the pivot confluence at 833-835. Below this level the Cloud
will add support. A break above the Flag, will likely trigger
a fast upside move.
(a target of a Flag pattern is measured using the pole, and place
it at the new breakout level to project the harmonic target.)
Flag pattern. If price breaks out below we may see a move to
the pivot confluence at 833-835. Below this level the Cloud
will add support. A break above the Flag, will likely trigger
a fast upside move.
(a target of a Flag pattern is measured using the pole, and place
it at the new breakout level to project the harmonic target.)