RaynLim

EURJPY - Bearish Flag

Short
FX:EURJPY   Euro / Japanese Yen
Counter-trend traders can wait for a shorting opportunity at 138.81 to fulfil a potential Bearish Flag Pattern. This could be the most volatile trade compared to the Shark Pattern.

Although the Bearish Shark Pattern is a more conservative setup, that doesn't mean it won't be profitable. Should the candle break and close beyond the first red box, traders can wait for a candlestick confirmation at 141.81 to engage this harmonic patterns .

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