the lower horizontal support is long time support before bullrun.
It can very well retest it.
there is a very simple and text book bear flag forming here.
strategies:
1- you can either build your position now and set a good stop loss with comfortable space.
2- sell the break down of the converging triangle/equilibrium
It can very well retest it.
there is a very simple and text book bear flag forming here.
strategies:
1- you can either build your position now and set a good stop loss with comfortable space.
2- sell the break down of the converging triangle/equilibrium
Comment:
and we following through