We have a Bear Flag here and within that Bear Flag we have a Dark Cloud Cover on the daily signaling that Bearish Continuation is more likely. I will be interested to see if the RSI can break below the 50 line as the downtrend continues.
My Take Profit Target will be between the 0.786 and 0.886 retraces below.
My Take Profit Target will be between the 0.786 and 0.886 retraces below.