Looking like a USD bull inc.
1. Strong Downtrend
2. Bear Flag pattern
3. Shark fin formation with an extended pullback (high Rsi)
4. Second retest of major resistance (on a lower high from the initial sharkfin)
5. Backed up by CONFIRMATION which is bearish candle break from the bear flag formation.
Volume here will be utilised to effectively enter shorts once bear candle confirmation is indicated.
1. Strong Downtrend
2. Bear Flag pattern
3. Shark fin formation with an extended pullback (high Rsi)
4. Second retest of major resistance (on a lower high from the initial sharkfin)
5. Backed up by CONFIRMATION which is bearish candle break from the bear flag formation.
Volume here will be utilised to effectively enter shorts once bear candle confirmation is indicated.