Rising wedge with in a bear flag pattern
Price has formed a larger bear flag suggesting drop in price.
To add more confluence to the setup it has formed a rising wedge pattern as well inside the bigger bear flag.
Rising wedge also has competed with the 3 touch confirmation.
To add more confluence to the setup it has formed a rising wedge pattern as well inside the bigger bear flag.
Rising wedge also has competed with the 3 touch confirmation.
Trade closed: stop reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.