1. Pullback to the bear flag created. Good RR ratio.
2. Volume is decreasing on the pullback.
3. Potential double inside bar on the 4 hourly chart.
4. Structure is still holding and candles are unable to close above it.
*Therefore waiting for entry short signal when the lower low of the candle on the 1 hr chart closes below previous low.
2. Volume is decreasing on the pullback.
3. Potential double inside bar on the 4 hourly chart.
4. Structure is still holding and candles are unable to close above it.
*Therefore waiting for entry short signal when the lower low of the candle on the 1 hr chart closes below previous low.