Get started
PIKandExmoStudy

CFX - 🚩 Flying High: Unveiling the Bullish Flag Formation 📈🚀

Long
CFX / TetherUS (BINANCE:CFXUSDT)  
PIKandExmoStudy  
BINANCE:CFXUSDT   CFX / TetherUS
Trend Analysis Chart Patterns Technical Indicators CFXUSDT CFX flagformation bullflagpattern tdsequential willy fisher
2
0
trendanalysis chartpattern indicator cfxusdt cfx flagformation bullflagpattern tdsequential willy fisher
On the weekly chart, CFX displays a promising bull flag formation. In the long term, it resembles a head and shoulders pattern around 0.09, with a favorable risk-reward profile. There are two resistance ladders on KDJ and Fisher indicators that need to be surpassed. The projected path is shown in black. The bull flag setup remains intact, even potentially retracing to the 0.07c area.

PS Notice the green highlights on indicators.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.