Bulls are waving their flag at the intersection of the red channel and the upper portion of the green channel. A successful breakout from the upper red channel resistance boundary confirms the bull flag and will empower a surge towards the light blue resistance zone.
However, if the central internal green channel support line breaks a test of the pink support zone is inevitable. A drop below the green centre inner support line will create a new battle zone at the lower portion of the green channel.
Posts
