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Observing a potential bearish flag forming on the 1H chart. The pole seems to have completed, and we're now seeing consolidation within the flag. A break below the lower trendline around 72400 could signal further downside. Watching volume for confirmation.
self_reply: Just to add to my previous post, the 20 SMA is acting as resistance around 72790, reinforcing the bearish outlook. If the price fails to break above this level, I'd expect the bearish flag pattern to play out. Keeping an eye on it.
