Descending Triangle + Bearflag. If we break out to the top, be careful. We failed to close above 50 EMA on the 4h already and situation looks similar to 01/15/18. Close above 50 EMA on 4h is bullish. Else keep your bear goggles.
Target: 8200 - 9975
Target: 8200 - 9975
Comment:
Typo: 7975
Comment:
False breakout from descending triangle, but as mentioned no break of 50 EMA on 4h. breakout of bear flag confirmed
Trade active
Trade closed: target reached:
Nice trade.