Bear flag similar to 01/15/18. If we fail to break 50 EMA again, this will likely break to the downside. Short term target is 8200 - 7975. This is projected target from descending triangle on 1h chart. Also we face bottom of longterm uptrend channel there. We could expect a bounce here. If this level does not hold too, we will retest 6k.
Target: 5900 - 6300
Target: 5900 - 6300
Trade active:
bear flag breakout