Potential reverse at the decision zone due to the .following :-
1- Valid Bearish flag pattern.
2-Valid AB=CD pattern inside the flag pattern.
3-Valid structure level.
4-0.618 fib retracement for AB leg .
5- Trend hits the upper line of the bearish channel.
6- RSI overbought
1- Valid Bearish flag pattern.
2-Valid AB=CD pattern inside the flag pattern.
3-Valid structure level.
4-0.618 fib retracement for AB leg .
5- Trend hits the upper line of the bearish channel.
6- RSI overbought
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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.