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REMGRO (REM) 4-HOUR TIMEFRAME SHORT

Price is currently moving in a steady downtrend, whilst also making higher lows, characteristic of a symmetrical triangle pattern. Prices broke out of a bear flag pattern and we can expect further continuation to the downside. Traders can possibly scale in after a corrective move. The target will be the trendline posing as a support.
bearflagsBearish PatternsChart Patternsheisenbergheisenberg_traderjsejse_top40remgroshortSymmetrical TriangleTrend Analysis

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