Flapjack is a pancake. You have to flip it over to finish cooking it.
Flapjack means price chooses which side you put your jam on to eat
Let Macd fade back to center line
Bear trade Macd falls and crosses below Red line
Bull trade macd crosses above center line and stays above it
You have the option to scalp current price back to 50 or 100 sma
Flapjack means price chooses which side you put your jam on to eat
Let Macd fade back to center line
Bear trade Macd falls and crosses below Red line
Bull trade macd crosses above center line and stays above it
You have the option to scalp current price back to 50 or 100 sma
Comment:
Our jam is going on the bullish breakout side.
Comment:
This is a follow up on the EURUSD 0.92% 4H Flapjack Trade
Pair broke long at 1st up green arrow.
Price continued to 1st Take Profit at 161.8% fib and previous swing high
Price may continue to 2nd take profit at 261.8% fib
IF Macd doesn't fall below 80 level line
Pair broke long at 1st up green arrow.
Price continued to 1st Take Profit at 161.8% fib and previous swing high
Price may continue to 2nd take profit at 261.8% fib
IF Macd doesn't fall below 80 level line
Comment:
Price hit take profit at 261.8% fib
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