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JasonGraystone
Oct 26, 2017 4:59 AM

AUDCAD Ascending Bearish Relief flag Short

Australian Dollar/Canadian DollarFXCM

Description

We have another flag pattern setting up on the AUDCAD 60. This pattern indicates a loss of momentum as the market runs out of steam. Usually, filtered with some good bearish divergence on the RSI, we see a reliefe and a break to the downside out of this channel.

Breakout traders, keep your eye on it.....


See you in the live room.

Jason G
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