its hard to be bearish on equities honestly but this is possible painting a bear flag, however, keep in mind that it is not confirmed until we break below <$97
Ill be happy to change my bearish bias with a break upwards from the bear flag because you see, in a bull market, it is quite common for very evidently obvious bear flags to be a large driver of price action as it can easily be a bear trap.
I will remain simple and see it as potential a bear flag until proven otherwise, im also not taking the trade until it is confirmed.
Ill be happy to change my bearish bias with a break upwards from the bear flag because you see, in a bull market, it is quite common for very evidently obvious bear flags to be a large driver of price action as it can easily be a bear trap.
I will remain simple and see it as potential a bear flag until proven otherwise, im also not taking the trade until it is confirmed.