As you can see we have a bear flag forming on the 1hr timeframe. When we zoom into 15 and 5 min time frames we can also note declining bull volume.
Short term bearish until bulls can prove otherwise!!
Staying cautious to oscillator conditions.
Short term bearish until bulls can prove otherwise!!
Staying cautious to oscillator conditions.
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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.