This trade is still looking like it wants to go higher. I am looking for the break of the flag with a SL below lowest point of the flag. A break of the 1 hr TL (purple) will indicate a larger correction may be coming.
Comment:
Very close to AB=CD and showing some downward pressure. A break and close below the 1 hour trend line and I will close the trade.
I am still bullish looking for the .026.
Look for another flag to take this higher.
A break of the 1 hr. TL (purple) may indicate a higher degree correction.
Happy trading and hey be careful out there.