xChampi0nx
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AUDUSD bear flag???

FX:AUDUSD   澳幣 / 美元
45 3 1
Nothing confirmed yet but can be multi week bear flag . Can be a strong move to downside if it is. I like lengthy consolidation patterns as they bring some good trend movements. Just want to share what I am seeing.
I am not a big fan of indicators as they are lagging. I have atr for position sizing for my model, hadelta is just quantification tool as I use HA candles and I don't see traditional candlesticks. Macd is only indicator I use but not for buy and sell signals.
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No indicator. It is in a rising channel . You can just google common price patterns such as flag patterns, head and shoulder, double top, double bottom and triangles. Like I said, it's not confirmed yet. That is just how see it.
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Can you please explain why your chart indicates a bear flag? I am not familiar with your indicators. Thanks!
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