QQQ For a bull case, I need to see this get above both the horizontal area of resistance and the downtrend line on this 65 minute chart.It looks like it could be forming yet another bear flag. All TBD. If it breaks the flag down, I would expect another leg lower.
So what we have here is a case of do or die. Hope this helps
Note
It needs to put in a higher low as well.
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Ideas I publish are my own. They are not meant to be investment / trading advice. You are encouraged to do your own due diligence.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
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.