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Fxprotrader
7. Mrz. 2017 11:44

EURJPY: Sell Opportunity at Key Resistance Level Short

EUR/JPYOANDA

Beschreibung

Price broke below the median line of a long term pitchfork, and it seems now that it's in a consolidation forming a flag pattern. Looking at the green downsloping pitchfork we see that the slope is pretty active and most likely the upper parallel will act as good resistance.

Selling the breakout below the flag is a nice idea.
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