bearish flag pattern and rsi divergence

hey traders,

watching gbpusd I still have this bearish bias and look for trend continuation patterns and signals to trade.
Today I want to focus your attention on this bearish flag pattern that is formed in a conjunction with clear RSI divergence.
It is a trend continuation pattern, and we consider bearish breakout to trigger massive sale volumes, leading the market at least
to the market low.
We will take our profits following the projection of a flagpole.

stop goes at leat above flag's highest high!

Good luck!

Yorum:

going down

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breakout and close below

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test of 1.28

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Look how the market reacts on support line

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one more test of a support line