POV: ACE : Pole and Flag Pattern
Chart Reading:
1. From May'22 constant Long Run formation, considered as Pole
2. After a long run, the script falls into consolidation and forms a Flag Pattern.
3. This consolidation takes around 170 sessions.
4. Trend and Momentum just started to improve.
5. Price trading around 200 SMA after a long history.
6. Wait for the breakout or Pullback Zone for entry.
For educational purposes only. This is not financial advice. Please consult a professional before making financial decisions.
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