AN produced a sell setup in the form of a flat and a small 1 hr correction. It is in a downtrend so it is possible it can extend down a lot. I would allow it to create a larger 1hr flag in this down move if it chose to do so. Any more than that, I close. And hopefully I get the opportunity to slide to profit and let some run. It is AN so if I get more than a scalp I would be extremely happy. If you want nothing to do with this pair I completely understand. But as far as my strategy is concerned that is a sell setup so what the heck I'll give it a shot. My stop is 1.07808, but only to give it room to make an expanding flat on the 1hr
Comment:
I'm still in it with my stop where I said see what happens, but not the best pair or pattern