A lot of traders believe in patterns like flags. I don't.
Market has created a new high at about 1.0730 and on his way it was a little too fast. So it will retrace at minimum to the first Take Profit Area. And if it has enough power then it will reach the second Take Profit Area also but this is not a must.
So look out for a nice entry and get the most out of this trade.
Any comments or likes are very welcome!
I wish you good luck and a lot of pips!
(Don't believe in patterns like flags!)
Market has created a new high at about 1.0730 and on his way it was a little too fast. So it will retrace at minimum to the first Take Profit Area. And if it has enough power then it will reach the second Take Profit Area also but this is not a must.
So look out for a nice entry and get the most out of this trade.
Any comments or likes are very welcome!
I wish you good luck and a lot of pips!
(Don't believe in patterns like flags!)