Where in a wider scale upwards trend range. Currently in a downwards phase. Once we break our bearish flag and hit the lower trend line I expect a reversal.
Bottom trendline has been untested so should be strong. Good bearish momentum on 4hr MACD indicates should be a nice reversal also. A small retest on the level set by our bearish flag should send my 10MA through my 30MA giving me lots of confluence to ride this all the way up.
A lot of predictions here. But this is what I'll be watching out for.
As always, open to counter suggestions.
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