With a broken trendline, no new HH, and a bearish flag pattern, these are the confluences that indicate the pair's bearish trend. A short entry can be taken on the flag's breakout. The projection of a bearish flag has also been marked on the chart
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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.