Higher weekly time frame we identify a bullish flag
pattern after an impulse from its third touch confirmation. Zooming into the lower time frame we can see a bearish descending channel
approaching its third touch confirmation. Further looking into the 4hr we can see a bullish flag
pattern within the descending channel
so perhaps we need to be ready for a potential false break-out in the market to touch its third touch trend line
on the bullish
4hr flag pattern
before a Long position towards the upside.