Chart pattern: Bull flag
Entry: 32.40$ (this would end the downtrend of the correction)
Stop: 24$
Target: 60$
Stopmanagement: ATR Stops daily chart default settings
Risk:Reward-Ratio: > 3:1
Description: The chart is forming a bull flag with a nice corrective pattern. Target is the 1:1 Fibonacci extension of the former impuslive move.
Entry: 32.40$ (this would end the downtrend of the correction)
Stop: 24$
Target: 60$
Stopmanagement: ATR Stops daily chart default settings
Risk:Reward-Ratio: > 3:1
Description: The chart is forming a bull flag with a nice corrective pattern. Target is the 1:1 Fibonacci extension of the former impuslive move.