johnrfraser

Flag, Pendant or Nasty Divergence?

BITFINEX:BTCUSD   Bitcoin / Dollar
49 0 0
This is confusing.
A big flag or pennant has formed which I would normally be inclined to trade for a break upwards...but the price and the stoch rsi are showing serious divergence. macd is is beginning to also.
Would you agree the divergence overrides the pattern? Making this a short?
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