GDX
My little bull flag on the 1-minute clearly failed. Good thing I don’t trade on these charts.
Zooming out, the failed flag hit the lower TL of a parallel channel.
Zooming further, that lower channel hit created a nice BT on the weekly.
A final zoom on the monthly shows we could be about to BO of a bull flag, and that the flag BT long term horizontal resistance turned support.
A wise man once said, “When in doubt, zoom out.”