If it does break through the resistance and it starts creating a flag DO NOT SHORT. However, it it bounces off the resistance and creates a bearish flag start thinking about selling it. This has huge downside potential if it does not break through the strong resistance.
Order cancelled
Unfortunately the French election caused the EUR to bounce therefore cancelling out this idea.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.