23 július, 2018

an exciting chart on long term

It's hard to decide, whether these candlesticks are forming a trend reversal pattern, or just the parts of a consolidation phase in a flag pattern.

On daily time frame we are in the upper third of the trend channel. And the last candlestick is a shooting star. So on short term, perhaps we will slip down - as I see.
But on longer term, it could be a flag, so maybe we can expect a huge upward movement.


and the miracle on the monthly time horizone

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