Following the formation of a bearish flag pattern on a 4hr time frame, there might be a downward break out 0.5343.
Taking a Short trade might be possible. But to be on a safe side just in case reversal at breakout point, waiting for the price to come down/ taking a Trigger Entry at 0.5214 is better.

Just my idea.

DYOR
Chart PatternsFundamental AnalysisTrend Analysis

Aviso legal