Another huge bearflag forming.

Seeing as it was 6 months ago that the 200MA on the Daily was touched it makes sense for the trend to gravitate towards it now. This does however coincide with a near perfect bearish bat Gartley harmonic and when the 200MA target is combined with the bearish bat and the chart is turned upside-down, yet another huge bearflag can be seen, which target coincides neatly with the 0.618 retracement Fib.
bearflagpatternbearishbatformationHarmonic PatternsTrend Analysis

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