$NEWT Long Setup 1h Chart🟢
🔶 Bull Flag pattern
Price ran up in a rising channel and then slid in a falling channel, which forms the flag. It swept down to the 0.0409 low and buyers took it back fast with a long wick. Price has now pushed above the top of the flag with a green candle. If it holds above 0.0425 the way opens to 0.0448, where the flag started. If price loses 0.04113 the setup is gone.
🟢Long Entry 0.04278
✅ Take Profits
TP1 0.04350
TP2 0.04420
TP3 0.04479
❌ Stop Loss 0.04113
#newt
🔶 Bull Flag pattern
Price ran up in a rising channel and then slid in a falling channel, which forms the flag. It swept down to the 0.0409 low and buyers took it back fast with a long wick. Price has now pushed above the top of the flag with a green candle. If it holds above 0.0425 the way opens to 0.0448, where the flag started. If price loses 0.04113 the setup is gone.
🟢Long Entry 0.04278
✅ Take Profits
TP1 0.04350
TP2 0.04420
TP3 0.04479
❌ Stop Loss 0.04113
#newt
