Price has been correcting for quite a big while and has created a large bear flag for a potential continuation downside , now price has made its way back to test the bear flag for a third touch and has created a pattern within a pattern (ascending channel) and this increases the probability of the anticipated trade playing out.
I will be eyeing reversal for the third touch and look for entry signals.
I will be eyeing reversal for the third touch and look for entry signals.