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Technician

EURCAD Bear Flag Short Setup

Short
Euro / Canadian Dollar (FX:EURCAD)  
Technician  
FX:EURCAD   Euro / Canadian Dollar
5
7
Update: Closed at minor profit
Profit/loss(pips)= +20

The price consolidation forms a perfect bear flag formation, a break below the flag support may signal the continuation of the bearish wave.
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