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LesLeso
May 22, 2021 8:59 AM

Ascending Structure + Bear Flag continuation after the Breakout. Short

New Zealand Dollar/Japanese YenFXCM

Description

With how Market closed, it looks like we may finally get sellers commitment this coming week, What I'm looking for is for a lower timeframe tight flag to continue the downtrend, if Price shoots up to test the high one more time I might opt for a breakout entry of the larger flag, my stop loss will be larger but I'm fine with it as we broke out of the larger ascending channel therefore the risk is worth it.
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