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SM_Makhuba
Feb 27, 2024 11:06 AM

Bearish flag pattern  Long

Australian Dollar/New Zealand DollarFXCM

Description

Price will potentially move towards taping into the 90% Rule area to retrace and move down towards taping into the previous weekly support area, which will form an area of equal daily lows. Price is potentially going to shoot up towards or close to target area, if not, price will move further down to the lowest weekly support area. Enter at 15min timeframe to maximise RR.
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