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Break Of Patterns Setup Momentum In FX Market

Discussion in 'Technical Analysis' started by Kaitlin, Apr 18, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    The EUR/USD is building a small bear flag chart pattern (orange and green trend lines). A bullish break could indicate that the larger wave 4 (blue) is still not completed. A bearish break of the bear flag could indicate that a larger retracement or even reversal (and completion of wave[​IMG]

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