Bear Flag Confirmed on The TRYJPY
Turkish Lira/Japanese Yen FX:TRYJPY
Last post: May 13th. See chart.
Review: Price had pulled back to and was bouncing off resistance.
Update: We were wanting a breakout in the form of a bear flag . 2 more days of weakness means the bear flag has been confirmed.
Conclusion: A bear trend continuation is now likely offering further shorting opportunities.
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