Update: Bullish Flag good for further 650 Dow-Points?

Is the bullish Flag good for further 650 Dow-Points?
Trading below 18.250/ 18.050 will question the flag

Comments and other ideas are Welcome -Agree or Disagree
Regards Mary

Main View:
H&S - good for 2.400 points or 13,5%?

Possible LongtermTarget: 21.250

What can we see?
In the long run, we see a huge bullmarket since 03/2009. Since 08/2015 the market consolidates very volatile.
The consolidation range reached from 15.400-18.000. The last bottom test earlier this year, formed a clear double bottom - the result was an exploding market which skyrocketed round about 2.700 Points!
Since 04/2016, this massive trend consolidated - a shortterm sideways market appeared.
Should the market test again the Niveau above 18.000 - a H&S-pattern would be formed. The target of this pattern is good for 2400 Points - 13,46%.
Below 17.000 Points, ist getting more and more risky.

تعليق:

تعليق:

reached the bottom of the flag = action point

تعليق:

أغلقت الصفقة: تم الوصول للهدف:

أغلقت الصفقة: تم الوصول للهدف:

reached H&S target

تعليق:

تعليق:

next upmove ahead?

تعليق:

تعليق:

تعليق:

تم إغلاق الصفقة يدويًا:

my lovliest trade...

:-9

تعليق:

it was not the badest idea to Close it manually.....let`s see how deep the consolidation will dip