iamarielle_868

EURJPY 30M, ascending flag pattern!

Short
FX:EURJPY   Euro / Japanese Yen
On the 30M time frame we can see what appears to be an ascending flag pattern. These patterns are usually followed by a bearish move. Monitor to see if this pattern decides to form, followed by a breakout into a sell below this zone before deciding to enter this trade.

However, if price decides to completely break through this zone, do not enter a sell. Monitor for a retest at the zone before looking for additional bullish trades.

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