DislikedSo tell me Coke, do you consider this pattern on A/U a bullish flag (a-e)?Ignored
Currently if you compare the charts, we are caught between H4 support and Daily resistance.
See the wedge that will form and area of possible accumulation before distribution between the support and resistance lines...
What looks to be a classic bull flag, will most likely form a classic wedge and a perfect long term tug of war.
I sold off daily resistance and bought off daily support. Bear chart is still in effect, and until I see a bullish cross, I will assume the bear and take trigger from there. For now, this seems like a really good time to scalp the range.
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