Almost perfect bear flag on the daily chart

22 Jul 2018

I used the parallel channel on the daily lows on binance. The high of the flag is at the yellow line(7581$). It is almost a perfect bear flag. Short to the low 7000$ or maybe to the 6800$ to confirm the neck from the reversal Head and Shoulder pattern. The volatility stop and the 21 EMA (both on the daily, default settings) are waiting there.
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