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Price is floating along the Mid line of the Descending channel and formed a Bearish Flag. In case we have a confirmed breakout of the flag to downward it will also be a confirmed rejection of the mid line, so we can initiate a short position
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable!
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.
Price is floating along the Mid line of the Descending channel and formed a Bearish Flag. In case we have a confirmed breakout of the flag to downward it will also be a confirmed rejection of the mid line, so we can initiate a short position
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable!
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advice.