Price back at its Weekly uptrend line, a bear flag has presented itself as well. Watch for a break of the uptrend line & retest to indicate more downside potential to come.. Confirmation needed!
Trade with care :)
Trade with care :)
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Shooting star rejection to resistance on the daily time frame:
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60 min:
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awaiting breakout..
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uptrend still valid, no break ...
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Took a small short when price rejected the 61.8 fib a couple times, now price is reaching the 20 MA & 38.2 fib level, may consolidate for a bit or break back up.. closed my position for now