Bear flag into another bear flag consolidation zone
I am wondering whether this pattern back in Dec 2023 on the hour chart is a good pattern to trade. We see price run down forming bearish momentum. Price then chops back up in the shape of a bear flag or bearish wedge. Price rejects off the previous bear flag pattern. Either go short at the base of the bear flag pattern ie have a preset sell order in place or wait for the bearish candle, then short it
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