Bullish Flag Pattern | ORIENTAL HOTELS
ORIENTHOT Daily: Watch for breakout above 39.5 for more upside
1) Bullish Flag & Pole Pattern
2) Bounced back from important 61% Fibonacci level
The flag pattern is used to identify the possible continuation of a previous trend from a point at which price has drifted against that same trend. Should the trend resume, the price increase could be rapid, making the timing of a trade advantageous by noticing the flag pattern.
1) Bullish Flag & Pole Pattern
2) Bounced back from important 61% Fibonacci level
The flag pattern is used to identify the possible continuation of a previous trend from a point at which price has drifted against that same trend. Should the trend resume, the price increase could be rapid, making the timing of a trade advantageous by noticing the flag pattern.
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