A bearish flag would show a downside move. Last time to touch the upper trendline, and in the best case scenario, it would break out of the flag. Might show some difficulty crossing the .382 level of the daily structure, and this flag could also result in being the last downside movement of the daily structure. I'd enter around 120.43 *The SL and TP might not be the same on my account, it will depend on price action*
Also, check out the section below, I'll post the daily chart. Trade safe!
Kommentera
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It's over the 200SMA. If the slope changes, it will add up for confirmation.