Ascending Structure + Bear Flag continuation after the Breakout.

٢٩ مايو ٢٠٢١

NJ has been catching a lot of people on the wrong side of the market with short setups this past month, Price just gave us a reverse impulse and a correction (circled part) that looks like it could be continuation to the downside, I'm not really interested in jumping in the potential sell first thing when market opens, I am more interest in the continuation after the breakout, So I'm happy to stay on the sidelines and see how it develops.