Nice looking bear flag + major horizontal level => definitely on my weekly watchlist.
For the setup to be valid, I need to see small bear consolidation/flag on the H1/H4 before entry.
I will also manage this potential trade aggressively, as price is approaching the rising trendline of the flag and can reverse.
For the setup to be valid, I need to see small bear consolidation/flag on the H1/H4 before entry.
I will also manage this potential trade aggressively, as price is approaching the rising trendline of the flag and can reverse.
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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.