A Zig Zag was completed at the Gartley completion where the market has rallied.
There may be some bullish steam left in the market as the flag pattern has had a bullish breakout with RSI convergence. I would say this is a high risk trade.
If the market reaches the Bearish Shark PRZ without invalidating the pattern it will be a nice shorting opportunity.
Thank you for looking !
There may be some bullish steam left in the market as the flag pattern has had a bullish breakout with RSI convergence. I would say this is a high risk trade.
If the market reaches the Bearish Shark PRZ without invalidating the pattern it will be a nice shorting opportunity.
Thank you for looking !
Kommentar:
