hey traders i hope all you're fine... maybe some traders think that the real upmove is starting but there is a bearish flag new formed i think. if so the last bottom i guess is fibo 0.786 area then as you see a descending wedge will be completed. we'll see im posting this idea because we are not safe yet
good luck
Comment
formation don't have to be a flag by the way. it may be a pennant also
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.