Looking at the near past... seems like a repeated pattern is ahead and the probability to make a short-term downtrend after the second flag is possible.
For investors seems like the situation is stable since the upcoming downtrend is not harmful and could be passed in a short timeframe.
For daily traders, it's quite better to avoid it ( might be some fluctuations on the way ). The average time to get back to an uptrend is from 2 weeks to a month.
Remember it's just an opinion and you have the right to criticize... would be good to learn something new.
Thanks and happy trading.
For investors seems like the situation is stable since the upcoming downtrend is not harmful and could be passed in a short timeframe.
For daily traders, it's quite better to avoid it ( might be some fluctuations on the way ). The average time to get back to an uptrend is from 2 weeks to a month.
Remember it's just an opinion and you have the right to criticize... would be good to learn something new.
Thanks and happy trading.
Trade chiuso: obiettivo raggiunto:
Nearly a month channel.. then came the breakout. Done.