@ktaiwo295 on EURUSD | PriceONN Community
K
I'm noticing a potential bearish flag forming on the H4 chart. If confirmed with a break below the flag's lower trendline (around 1.1590), it could lead to a continuation of the downtrend. However, given the current oversold conditions, a false breakout is also possible. Need to see strong bearish volume to confirm the pattern.