Price trading with a bearish flag pattern, together with the Yen's bullishness across the board, allows the setup of a short order to capture the breakout of the flag and create the next leg of the downtrend movement.
The order:
Type: sell-stop
S/L: 45 pips - R:R | 1:2.4 -
T/P: aiming towards previous swing high level
--
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The order:
Type: sell-stop
S/L: 45 pips - R:R | 1:2.4 -
T/P: aiming towards previous swing high level
--
*** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
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FEEL FREE TO CHECK MY SOCIAL NETWORKS FOR MORE MARKET INFORMATION 🇺🇸 🇪🇸
INSTAGRAM:
instagram.com/og.fxtrader
FREE TELEGRAM:
t.me/ogfxtrader
TWITTER
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FACEBOOK
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INSTAGRAM:
instagram.com/og.fxtrader
FREE TELEGRAM:
t.me/ogfxtrader
twitter.com/ogfxtrader
facebook.com/ogfxtrader
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.