BlackbearTrader

Another Flag Pattern

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FX_IDC:GBPEUR   Libra Esterlina / Euro
GBP/EUR has formed a flag pattern and to see its seems we have a false breakout, thats represented by the RSI showing overbought, so I would wait for the rebound to lower trendline for support and then the partial rise will be complete and then its a buy. Also the 50 MA is showing support and has crossed over with the 20 MA.Also, the price is in a separate area in the pitchfork
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