Bear Flag on Bear Flag, Reversed off .5 Fib, Possible AB=CD
AUDCAD is presenting us with an opportunity to sell the breakout of a bear flag . We have multiple other signals that suggest further bearish movement:
1. Reversal off .5 fib retracement
2. Smaller broken and retested bearish flag inside of the larger channel.
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1. Reversal off .5 fib retracement
2. Smaller broken and retested bearish flag inside of the larger channel.
Please comment, like, and follow me for more ideas!
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Flag Broken
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.