Price retraced back to the resistance it broke during its down trend. Bearish flag formed at that resistance too. If it's broken completely, am shorting it
Price has been moving in a descending minor channel as you can see and it has come back down to the major channel. All I am waiting for is a buying signal. A hammer or morning star will do that for me. Also consolidation, then an engulfing pattern can do as a signal for me. For more confluence factors, my stochastic shows that price is in over sold conditions so...