On the 1h chart we can clearly see a bearflag.
So a possibility to go lower is here.
So a possibility to go lower is here.
Trade closed: target reached
Reached the target of the bear flag.
Lets see if we have more down trend.
Note
p.s. I did not expect the bearflag to go as high as it did :P
I thought it would revert on one of the the MA's
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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.