I think that the bullish run is over and we have witnessed the formation of a rising flag, which IMO, looks like more of a bearish setup to me. (ID Timeframe).
I do anticipate that the bearish run look inevitable and let us dig deeper into the shorter timeframes to get the best position for an entry.
I do anticipate that the bearish run look inevitable and let us dig deeper into the shorter timeframes to get the best position for an entry.
Note
Time to look for an entry position with a follow-up analysis using a shorter timeframe.My sentiment is bearish in this scenario.
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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.