APE Technical Analysis Prediction- Ending Channel

13 de jun. de 2022

After bear flag formation, there occured an ending channel formation. Stop and take profit regions are indicated in graph. Stop region might be broken downside towards the lower band of the bottom parallel. In case of such a situation new setup must be handled because it has high risk to broke the bottom parallel. So I prefer to obey the stop criteria between 1% - 2.5% for each case.