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Crypt0r
Aug 19, 2018 9:04 AM

BTC BearFlag watch 

Bitcoin / DollarBitfinex

Description

Bearflag to watch, yes everything looks like a bearflag until it's not

Comment

On the 4H

Trade active

#BTC #Bearish_Flag on the 4H to keep an eye on (This is a simple view from the 1H) , #BTC could make a little push up around to the the mid 6400s before It breaks down.
Comments
dalvinchi
Sir, a bear flag follows a parallel channel after a drop. See here: freeonlinetradingeducation.com/bear-flag.html

What you are attempting to draw out ( although incorrectly so ) is a bear pennant. See last example here: rookietrader.com/basics-of-trading/chart-patterns/flag-and-pennant/
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