Following a bearish surge, there are indications that a bearish flag may be in the process of forming, although it has not yet been completed. A test of the selling zone, as highlighted on the chart, seems likely, presenting an opportunity to initiate a sell position. To mitigate risk, our strategy involves adjusting the stop-loss after observing initial downward movement. The objective is to target the take-profit levels, specifically tp1 and tp2, with the confirmation to enter the trade centered around the identified selling zone.
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You can take your profit if you follow the trade.
Chart PatternsTechnical IndicatorsTrend Analysis

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