From where the current price action is we see clear change of sentiment and bias, bears are in control as it confirmed by the later bigger 3 touch bear flag, witch follows as medium that formed above. in the current bear flag we see bulls tried their level to push the price to the upside and break out of the flag, however the bears kept pushing the price back into the flag structure leaving long wicks on the upper part of the structure.
From that observation it clear that BEARS are in control.
From that observation it clear that BEARS are in control.
Note
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.