I believe it will retest the Friday low on the Daily chart before it even thinks about a retrace. If it doesn't go back down there to retest, I think it will go sideways a bit then resume the selloff and crash right down through it by mid next week - if not before.
Dislikedmay be just may be
bear flag starts off 100 fib exoansion level .. reatrcement mode to 1.3986
just got to see how monday plays out but if the close of today holds in Asia Sunday i am taking a long .....for 1st 2 days of next week
close fails then of course i will be selling
after 2nd thoughts maybe not as high as 1.3986 ....
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