A clean Bearish Flag often precedes a big move. Validate your entry.
Bearish continuation if preceding move was down.
CF is showing interesting structural developments at $122.53. Price has moved to $122.53 (-0.63%) amidst recent volatility. Price action has carved out a classic Bearish Flag. The trend indicator is reading 0.6/100, suggesting moderate momentum. A potential breakout level is identified at $112.85, targeting $65.64 with support near $129.49 (R:R 2.84).
What is your outlook on CF?