tough one to call as there seems to be a lot going on, a fairly obvious bullish flag however its formed just under a major line of resistance, add to that the hidden bearish divergence shown on the volume chart i feel it could go either way.
however due to the resistance line proximity my overall bias is bearish perhaps price will push higher to bounce off of resistance and begin a move down ?
please offer suggestions and analysis below :)
however due to the resistance line proximity my overall bias is bearish perhaps price will push higher to bounce off of resistance and begin a move down ?
please offer suggestions and analysis below :)