EURAUD - LONG

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A higher time frame bullish flag pattern in the formation with a false breakout and retracement in the form of a bullish flag pattern. As we zoom in to the lower time frame we identify patterns within patterns as we analyse a bullish flag pattern with a three touch confirmation on its low and bullish rejection for entry of LONG POSITION towards the upside.
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Bearish descending channel formed and entry taken on third touch for reversal!
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Beyond Technical AnalysisChart PatternsEURAUDForexLONGmarketstructurepatternTrend Analysis

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