SAND/USD Downside? 7 Feb 2022

SAND / USD is currently at resistance in a bearish flag pattern. Technically this pattern is a bearish correction pattern. Price is also at longer term trendline resistance, and structural resistance too. The RSI is indicating overextended upside, and has generated a sell signal too.

Published by Tom Stewart

Head of data analytics at TradeProofer. Analyst at Opes Trading Group. FX enthusiast.

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