WIF - 4H Bull Flag

30 Nov

We do see a sharp bullflag forming for WIF after our breakout of the white triangle. Now there are two scenarios. Either we break the upper orange trendline ("watch for breakout") or price will fall once more to the bottom orange trendline ("watch for retest"). If this fall in price did occur it would be completely healthy and would also be a retest of that white triangle as new support.