Free forex trading system - live trade in the EUR/USD

  • 14 years ago
from http://www.forextradingprofitsource.com
Recently The Euro Dollor forex has continued to set up a very nice bear flag trading pattern.The trade was triggered on Friday 20th 2010 when the price broke out of the flag pattern The setup meets all the trading rules:
- The flag pole is the result of a rapid move downward over 5 bars.
- The flag starts at the top of the flag pole.
-The flag pattern itself has formed in an upward sloping and regular pattern with no ‘false’ breakouts.

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