pivotal moment on the 1 hour chartthe current 1 hr bull flag has been consolidating forming an equilateral pennant with its wicks....this next 1hr candle should be the deciding candle for it but even though bull flags usually break upward this one seems to be threatening a down break....if it breaks upward I switch to long...if it breaks downward it can get enough momentum to drop back down through the bearpennant triangle and breakdown bearishly out of it...so a very important candle indeed....the one hour chart is not typically one I share in my ideas but I thought this specific 1 hr candle has so much riding on it that it was worth talking about. if it breaks down we will see bears take over if up then the bottom might already be in.
