Bear Flag setup below the 55 Period Simple Moving Average
Still holding the long term short position we entered months ago but right now I'm looking to enter a smaller day trade to see if we can take advantage of another potential impulse downwards.
It will be especially nice if the MACD starts to build negative momentum again if that happens that will give us alot of confirmation towards the downside.
It will be especially nice if the MACD starts to build negative momentum again if that happens that will give us alot of confirmation towards the downside.
