Price might look like it's bouncing off of a trendline support, but if you zoom out, it's actually a Bearish Flag.
Trades are taken on this setup after a break of the flag to the downside.
Trades are taken on this setup after a break of the flag to the downside.
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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.