machos
Long

EURUSD - Flag/Wedge/Consolidation

FX:EURUSD   Euro Fx/U.S. Dollar
42 1 1
Flag/Wedge/Consolidation - whatever you want to call it, this pattern usually results in a positive continuation.

2 Unit Play

1st TP at 1.3759 and move SL to Breakeven
2nd TP at 1.3768

machos
2 years ago
Closed for profit. Things I could have done better:

Take profits were too tight. According to the flag rules, I should have set the TP at the length of the pole (50 pips), which makes the TP at 1.3793.
Good trade idea, needed better risk management.
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