Bearish Flag and Divergence are currently forming on the 1H chart. Stochastics also indicate that price is at overbought level.
We are expecting a move downward as higher time frames indicate that price is consolidating into an ascending triangle.
We enter on breakout of the flag.
We are expecting a move downward as higher time frames indicate that price is consolidating into an ascending triangle.
We enter on breakout of the flag.
Note
Price continued bullish momentum. Good thing sell stop wasn't triggeredOrder cancelled
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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.