OANDA:AUDJPY   Australian Dollar / Japanese Yen
Price has broken out to the downside on our weekly and daily, We moved to the upside on smaller time frame and price moved in a corrective phase as we see that it has gave us bearish flag that represents a break to the downside. The time of entry that we looking for is slightly aggressive due to us entering a short trade before price has broken the flag structure. We see that price will be touching the 1hr resistance for the third touch and an ideal setup is if we could get an ascending pattern that we can take a short trade from.
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