MGH is currently in an interesting technical phase. The earlier pullback indeed looked a bit ugly, but there are clear signs of reversal in this morning's trading. If you're tracking this asset, it is recommended to switch to a smaller time frame for observation, especially to watch for the appearance of bull flags or other consolidation patterns. Once the pattern is confirmed, it could be a good entry opportunity. Some positive signals can already be seen on the chart, but the key is to wait for the confirmation candlestick to appear.
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PhantomHunter
· 7h ago
The early reversal in this wave looks quite interesting. Let's confirm on a smaller timeframe before moving up.
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StakoorNeverSleeps
· 7h ago
This reversal signal really seems a bit fragile. It looked good in the early session, but we still need to wait for that key candlestick to confirm.
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BuyHighSellLow
· 8h ago
Wait, has the bull flag really formed? The candlestick chart looks a bit off to me.
MGH is currently in an interesting technical phase. The earlier pullback indeed looked a bit ugly, but there are clear signs of reversal in this morning's trading. If you're tracking this asset, it is recommended to switch to a smaller time frame for observation, especially to watch for the appearance of bull flags or other consolidation patterns. Once the pattern is confirmed, it could be a good entry opportunity. Some positive signals can already be seen on the chart, but the key is to wait for the confirmation candlestick to appear.