Description
⋅ even though rsi says otherwise, no signs of reversal here. in fact, volume is decreasing at each dip. it would be suicide to go long here.
even the height of the flags are similar. tp to this year's low is still in sight.
Comment
⋅
linear scale seems to be the next support around 6800ish.Comment
⋅ *linear support not scale
Comment
⋅ to add to the first idea, every drop after bear flag seems to be around 6 percent. so next drop should be around 7400s.
Trade closed: target reached
⋅ enough profit.