Price is channeling down nicely on the daily. We had a break and retest of a horizontal trendline and price is now consolidating/forming a nice small bear flag.
I would look for a 1:1 or 1:1.5 setup just to break the weekly lows.
Trade with care!
I would look for a 1:1 or 1:1.5 setup just to break the weekly lows.
Trade with care!
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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.