Bullish flag vs sentiment
Hello fellow traders,
Do I see a bullish flag pattern appear on the daily chart? My bullish view is strengthened due to the fact that the 200 MA is holding the price action as support which will bring us in a squeeze looking at the short term downtrend from the hourly chart. We should consider that we are still below the weekly 21 MA and we should be cautious with taking positions
Do I see a bullish flag pattern appear on the daily chart? My bullish view is strengthened due to the fact that the 200 MA is holding the price action as support which will bring us in a squeeze looking at the short term downtrend from the hourly chart. We should consider that we are still below the weekly 21 MA and we should be cautious with taking positions
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