Price is currently forming a bear pennant pattern. Expecting a gain in bearish momentum after it completes the wave E of the triangle pattern, which is also the 78.60% fibonacci retracement level.
Bearish FlagelliotwavecountFLAGforextradingGoldjpyNZDJPYnzdjpyshortSupply and DemandSupport and ResistanceTrend AnalysisDJ FXCM Index

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