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It's just a little idea!
We founded a H&S and broke out. Then a bull flag has formed and even with this two pattern we are not able to break resistance.
I'm still extremely bearish . The resistance is only a small consolidation + the one on the breakout UP a few months ago. But still... I see weakness overall. But we will see how this develops over time.
Also we are loosing momentum on the 4h + a big red cloud is above us
We founded a H&S and broke out. Then a bull flag has formed and even with this two pattern we are not able to break resistance.
I'm still extremely bearish . The resistance is only a small consolidation + the one on the breakout UP a few months ago. But still... I see weakness overall. But we will see how this develops over time.
Also we are loosing momentum on the 4h + a big red cloud is above us
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