So here is a fractal that was moving in a very similar way - from another timeframe so the scale of price movements are slightly off - but still the story is the same.
First we experience a double bear flag at a similar level - ended in a sell-off. That selloff turning back up and creating an illussion of a strong bounce - This get's silenced for a final selloff after.
We are missing the final selloff here.
You're welcome!
First we experience a double bear flag at a similar level - ended in a sell-off. That selloff turning back up and creating an illussion of a strong bounce - This get's silenced for a final selloff after.
We are missing the final selloff here.
You're welcome!
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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.