The previous falling wedge (orange) broke down unexpectedly. Situation is very bearish. There might be a pull back to the top resistance in purple. However if price fall down from this falling widening wedge expect around $22, the measured move of the bear flag in red.
It is a long for now, short on the macro time scale.
It is a long for now, short on the macro time scale.
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Related publications
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.