Usually a bear flag pattern signifies a continuing underlying bearish trend. However this particular flag formation is hitting the very strong support line indicating that the bears couldn’t get through it. We could see the price moving up from here. Again, TAYOR.
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Disclaimer
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.