MaryJane
Long

Flag and 1-2-3 Long-Chance?

FX:EURUSD   Euro/U.S. Dollar
321 0 28
eurusd             is forming a bullish flag . At presesnt we are trading near the flag Bodys bottom. Let`s see if we have to adjust the flag at the time-and pricescale. The flags Body can reach till 1.1170 without destroying the flag-pattern. We will try to catch the Breakout.
Trading below the flags Body (< 1.1185) will weaken the bullish upwave, but still has a corrective character as Long as we trade above 1.116-1.117
If the flag would be activated with Prices above 1.12063, eurusd             could aim the maximal correction Level fibo 61,8 @ 1.12583.

But beware of the nonfarmpayrolls today....please stay flat then! After the News we / the market will decide where to go

trading below 1.1120 is fatal - here i exspect a temporarily shortterm selloff
Comment: flag reached 38,2
snapshot
Comment: aha aha aha
snapshot
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