Break of yearly pivot (large pink line) followed by a bearish flag. Bearish flag starting from significant support area working up to retest the pivot. A break to the downside is possible.
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Idea remains valid; 4hr is still trading under the EMA's and price has not broke through any key levels w/ respect to the previous structure. If anything this large move to the upside could be the proverbial "bull trap". Enter upon a break lower and retest :D
Silly question... but why the black color for candle borders ? The think is that when zoomed out your prices become entirely black.. and with that gray background the whole thing is totally unreadable !
Anyway great work as always. Won't unfollow just for that ;)
Jroge107
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@PRO_Indicators, to be honest i've never really thought of how it looked when zoomed out, i usually work with the chart zoomed in a lot and black helps my eyes out after long hours of screen time :D but i appreciate it!
Aqua_Trader
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agree..
one more move down to break the lows of April
Anyway great work as always. Won't unfollow just for that ;)