Flow has completed a 3-top pattern with a cluster of break down candles with supportive volume. The current trend above 4 o'clock is clear for a downward correction when the price line creates Lower High - Lower Low respectively.
The short entry will be at the neckline area of the 3 top model when the price returns to test this area. Target is located in the price range 0.5
The short entry will be at the neckline area of the 3 top model when the price returns to test this area. Target is located in the price range 0.5
Trade closed: stop reached:
I'm wrong! FLOW gave us a shaking out. Now it will run higher. I will update soon.
