Bearish Flag to retest support turned resistance levels.
Notice that volume is decreasing as price rallies higher.
Also, you can see that there was a stop hunt as indicated by the yellow oval to shake out retail traders.
1 to 1 target sits nicely within our 4H chart profit taking levels.
See my 4H chart analysis to see where we are on a bigger picture.
Notice that volume is decreasing as price rallies higher.
Also, you can see that there was a stop hunt as indicated by the yellow oval to shake out retail traders.
1 to 1 target sits nicely within our 4H chart profit taking levels.
See my 4H chart analysis to see where we are on a bigger picture.
