We just broke this large bear flag that we have been trading in for a couple weeks. On the daily we back tested the 21 day EMA and got perfectly rejected from it, on the 4 hourly we just re-tested the breakdown which also had perfect confluence with the 21EMA and vwap plus a local golden pocket and we were perfectly rejected again. If this plays out like a bear flag we're headed down into the 1600s
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Premium Signals Group: patreon.com/DigiLex
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.