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MusyFx
May 31, 2020 6:52 AM

POTENTIAL SHORTS ; CADJPY Short

CAD/JPYOANDA

Description

Price has been correcting for quite a big while and has created a large bear flag for a potential continuation downside , now price has made its way back to test the bear flag for a third touch and has created a pattern within a pattern (ascending channel) and this increases the probability of the anticipated trade playing out.
I will be eyeing reversal for the third touch and look for entry signals.
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