Confluence:
1. Double Bottom Formation
2. Break of Descending Channel
3. Bull Flag Formation
Conclusion:
Based on the chart patterns there is a high probability that the price will go to the upside after this Bull Flag will have a breakout
In the Higher Time Frame the price break the descending channel this means our probability is increased
Keep it simple & Happy Trading Guys!
Like if you agree :)
*This Market Analysis is for educational purpose only. Trade at your own risk*
1. Double Bottom Formation
2. Break of Descending Channel
3. Bull Flag Formation
Conclusion:
Based on the chart patterns there is a high probability that the price will go to the upside after this Bull Flag will have a breakout
In the Higher Time Frame the price break the descending channel this means our probability is increased
Keep it simple & Happy Trading Guys!
Like if you agree :)
*This Market Analysis is for educational purpose only. Trade at your own risk*
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