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$BTC / $USD Bear Flag and Hidden Bear Divergence

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Hidden Bear Divergence w/ BB %B
  • Divergence also exists on higher TFs
  • Divergence exists with a BB %B of length 30 as well


Break down of wedge expected before upward continuation to test 8K as resistance, however targets for Bear Flag are presented in case of downward continuation

There is a High probability, Low Risk Short Set-Up present, but this post is purely for objective analysis.

R:R on long positions is unfavorable at current price. Low Probability, High Risk.

註釋
Don't see this scenario playing out.

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