VladimirRibakov

3M Sell Idea

Short
NYSE:MMM   3M Company
D1 - Price has reached the top of the bearish flag, bearish divergence.

H4 - Bearish divergence.

H1 - Price has reached the critical zone formed by the top of the daily bearish flag pattern and the the fibo levels of the cycles. Bearish divergence.

Until this critical zone holds, we may look for more evidences of bearish pressure in order to join the bears.

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