Update ascending triangle/ bear flag
We got a 4h close under what should have been the break out, so for me the ascending triangle is rejected we could still see the bear flag play out...
The blue line with the arrow is descending resistance off previous symmetrical triangle.
Opened a small short staggering orders towards the blue line with a tight stop loss above it.
Targets near the 100weekly ma 7750ish, if that breaks and we get a weekly close below target 7200-7250 (0.618fib)
The blue line with the arrow is descending resistance off previous symmetrical triangle.
Opened a small short staggering orders towards the blue line with a tight stop loss above it.
Targets near the 100weekly ma 7750ish, if that breaks and we get a weekly close below target 7200-7250 (0.618fib)
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