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VasilyTrader
Mar 21, 2019 6:46 AM

bear flag breakout, where the market is going next? Short

U.S. Dollar/Japanese YenFXCM

Description



hey traders,

on dollar yen we have a confirmed bearish breakout of a rising parallel channel called a flag pattern.
also, we have a confirmed bearish breakout of 111.00 level - decent level of support.

next levels that I will be focused on are
110.00
109.00
108.00

the best entry point for you is the retest of 111.00!

good luck!

Comment

the market has reached the first level of support
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