Short term bear flag trade

Based on a minimum bear flag, most likely we are soon to test 6440, possibly lower depending on the speed of the breakdown.

Note

get ready to watch rsi
sorry for a complete mess on the chart

Note

It takes longer than expected for it to break down.
The price range is getting tighter.
Be on watch out for a possible double top or a double bottom setup.

Note

closed candle with a little double top on 5m.
now its time to open short if you haven't already.
if it forms double bottom on the way at around 6615 - sell immediately and go long.

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