1) The bearish flag is a candlestick chart pattern that signals the extension of the downtrend once the temporary pause is finished. As a continuation pattern, the bear flag helps sellers to push the price action further lower 2) There is no sign of divergence
pay attention to how it appoched the support of the flag it could reverse back up... how i would go about selling is if i see a clear break and a smaller flag on the 1 hour then i know i will be selling... so far it seems to have been creating HH and HL as confirmation for a bullish trend overoll...
how i would go about selling is if i see a clear break and a smaller flag on the 1 hour then i know i will be selling...
so far it seems to have been creating HH and HL as confirmation for a bullish trend overoll...