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Dtrace93
May 28, 2020 10:26 PM

Flagpole and pennant formation? short position. Short

British Pound/U.S. DollarFXCM

Description

A possible flagpole and pennant formation. Look to buy at the peak of the upper trend line. TP around 1.20.

Comment

Flagpole and pennant formation unfortunately didn't form as thought. The currency pair are now in an uptrend. Losses were taken. We move on and learn from our mistakes!
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