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ChartingFx
Sep 28, 2017 7:39 AM

USDCAD Bearish Flag Formation Short

U.S. Dollar/Canadian DollarFXCM

Description

USDCAD consolidate on a upward channel in 240 minutes time frame. Price now in downtrend and this channel consider as flag. Either we can sell from the top of channel or wait for breakout the flag.

Happy Trading...!

Comment

In Daily and Weekly we can see downtrend.

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