RE: BOO10 Oct 2018 08:59
Posted on BOO yesterday, have you seen.
Important as reading the rhs of the chart is, ahem, here's a bit of wild speculation for you.
Let's assume the bull flag plays ball and the dotted green line represents the support for a shift in trading range then there seems quite a logical coming together of the major horizontal support, flag and new range support. Chart on this 4hr should be approaching oversold by then too.
https://ibb.co/gbyJjU
Bear in mind a lot can change in two weeks in the macro environment, Italian contagion for one.