Good day please see chart for key level and visual representation of the flag
📌 Hypothetical Strategy
✅ Momentum Entry (Bullish Breakout of Flag):
Condition :Detail
Trigger :Close above $30.50 with bullish candle and volume and clears possible flip zone
Stop Below $29.50
Target 1 $31.50
Target 2 $32.27 (key resistance)
✅ Value Entry (Pullback to 200 EMA / Flag Support):
Condition :Detail
Trigger :Pullback to $29.60–$29.70 (200 EMA zone)
Entry :On bullish candle (engulfing, hammer) and clears possible flip zone
Stop Below $29.40
Target $30.50–$31.50
✅ Bearish Setup (Flag Failure):
Condition :Detail
Entry :If price breaks below $29.40 and breaks strong below 200 EMA
Stop Above $30.00
Target $28.00 → $26.96
🎯 Hypothetical Strategy (Final Rule):
🔥 The best trade is a momentum breakout long if price closes above $30.50 with volume and clears possible flip zone.
Second best = value bounce from 200 EMA ($29.60) and proceeds to clear possible flip zone
Only short if flag fails and $29.40 breaks and proceeds to break below 200 EMA.
📌 Hypothetical Strategy
✅ Momentum Entry (Bullish Breakout of Flag):
Condition :Detail
Trigger :Close above $30.50 with bullish candle and volume and clears possible flip zone
Stop Below $29.50
Target 1 $31.50
Target 2 $32.27 (key resistance)
✅ Value Entry (Pullback to 200 EMA / Flag Support):
Condition :Detail
Trigger :Pullback to $29.60–$29.70 (200 EMA zone)
Entry :On bullish candle (engulfing, hammer) and clears possible flip zone
Stop Below $29.40
Target $30.50–$31.50
✅ Bearish Setup (Flag Failure):
Condition :Detail
Entry :If price breaks below $29.40 and breaks strong below 200 EMA
Stop Above $30.00
Target $28.00 → $26.96
🎯 Hypothetical Strategy (Final Rule):
🔥 The best trade is a momentum breakout long if price closes above $30.50 with volume and clears possible flip zone.
Second best = value bounce from 200 EMA ($29.60) and proceeds to clear possible flip zone
Only short if flag fails and $29.40 breaks and proceeds to break below 200 EMA.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.