The price approaching the top of higher TF structure correctively. When it is reaching the top of the structure combined with double top area (inflection point), the price got rejected and fall impulsively. Now the price is forming a bearish continuation pattern. I will take this trade when the price is breaking this bearish continuation flag with sl above the flag. Good Luck
Trade active
The price break the bear flag now. Short trade active with 45 pips sl at 1.18500Trade closed manually
Manual close at bep after retrace impulsively back to entry area...
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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.