bearish flag pattern and rsi divergence

hey traders,

watching gbpusd I still have this bearish bias and look for trend continuation patterns and signals to trade.
Today I want to focus your attention on this bearish flag pattern that is formed in a conjunction with clear RSI divergence.
It is a trend continuation pattern, and we consider bearish breakout to trigger massive sale volumes, leading the market at least
to the market low.
We will take our profits following the projection of a flagpole.

stop goes at leat above flag's highest high!

Good luck!

ความคิดเห็น:

going down

ความคิดเห็น:

breakout and close below

ความคิดเห็น:

test of 1.28

ความคิดเห็น:

Look how the market reacts on support line

ความคิดเห็น:

one more test of a support line