even though rsi says otherwise, no signs of reversal here. in fact, volume is decreasing at each dip. it would be suicide to go long here.
even the height of the flags are similar. tp to this year's low is still in sight.
even the height of the flags are similar. tp to this year's low is still in sight.
Note
linear scale seems to be the next support around 6800ish.
Note
*linear support not scaleNote
to add to the first idea, every drop after bear flag seems to be around 6 percent. so next drop should be around 7400s.Trade closed: target reached
enough profit.
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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.