Again were seeing the price action move within a bear flag. the double bottom with the retrace around 78% is a decent marker. Then the race passed the downward trendline, making a fake breakout (notice low volume).
Looking to short just short of 62% fib with a tight stop right after the 62% mark. This is a pretty strong patter but well see how it plays out.
Looking to short just short of 62% fib with a tight stop right after the 62% mark. This is a pretty strong patter but well see how it plays out.
small bear flag after breaking down the bigger bear flag. Good odds that it keeps going down