Why is this a bear flag and not a ascending triangle? the answer lies in the initial entry of the triangle. Ascending triangles require a entry from below while bear flag have poles or candle sticks coming from above.
showing 3 black crows candlestick pattern📈
Gap down and closed below 50 ma and 200ma in one day📈
closed below trendline📈
Selling volume increased📈
showing 3 black crows candlestick pattern📈
Gap down and closed below 50 ma and 200ma in one day📈
closed below trendline📈
Selling volume increased📈
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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.
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.