* I'll be looking for reduced risk entries if price pushes up to and ideally just above our rayline, pushes back down and then forms a tight flag.
* I'll be looking for reduced risk entries if price pushes up to and ideally just above our rayline, pushes back down and then forms a tight flag. But if the flag forms close to our rayline, then I'll be hiding my stop loss above the rayline as illustrated for extra protection.
* If price pushes up to and ideally just above our rayline, pushes back down and then forms a tight flag I'll not be getting involved if the flag forms either through or above structure as illustrated.
* If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
* If there's any ambiguity I will not place any of these trades.
EUR/JPY:
* I'll be looking for reduced risk entries if price pushes up to and ideally just above our rayline, pushes back down and then forms a tight flag.
* I'll be looking for reduced risk entries if price pushes up to and ideally just above our rayline, pushes back down and then forms a tight flag. But if the flag forms close to our rayline, then I'll be hiding my stop loss above the rayline as illustrated for extra protection.
* If price pushes up to and ideally just above our rayline, pushes back down and then forms a tight flag I'll not be getting involved if the flag forms either through or above structure as illustrated.
* If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
* If there's any ambiguity I will not place any of these trades.
AUD/JPY:
* I'll be looking for reduced risk entries if price pushes down below our rayline and then forms a tight flag.
* I'll be looking for reduced risk entries if price pushes down below our rayline and then forms a tight flag. But if the flag forms close to our rayline, then I'll be hiding my stop loss above the rayline as illustrated for extra protection.
* If price pushes down and then forms a tight flag either through or above our rayline as illustrated I'll not be placing a trade.
* If neither of these setups present themselves then I will simply wait until another setup which meets my plan materialises.
* If there's any ambiguity I will not place any of these trades.