Green Line & Red Line are cloth of the flag.
Height of Pole = ~4700
Potential target = 5450 & 5300 (Yeah, looks unrealistic but... that's what the technical charts say)
Based on the duration of flag formation... We should reach this by mid June.
Height of Pole = ~4700
Potential target = 5450 & 5300 (Yeah, looks unrealistic but... that's what the technical charts say)
Based on the duration of flag formation... We should reach this by mid June.
There fore the fall from pole's bottom of ~12200 to pole's top of ~7500 = 38%
The green line's intersection with breakout candle will be new bottom i.e. 10000 and fall of 38% from there gives another target of 6200... the duration however remains the same.