I think we going to have a retrace after the impuls regarding the ECB news last week...No bullish flag I guess...Continuation of the channel before price went in the sky..Or at least going to the upper channel...First target at the MA200..Two lower on the trendlines ...It's just an idea folks,could be TERRIBLY wrong ....Don't trade or with care....
Look at XAU/USD so you better understand the intention..Normally this pair also follows the trend of the EUR/USD ...Thanks
I still believe so stop loss at 1,10000
The Flag is become heavy...Pole could break ...:-)
Trade closed: stop reached:
I give up .Price is going to the MA200 at the daily chart....
It bounces at the MA50 an 200 Daily chart so it cold still go short...