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nahidik
May 16, 2016 8:41 PM

Break of the flag Short

Euro Fx/U.S. DollarFXCM

Description

Look for a strong break below the trend line

Comment

Added to position at 1.13146
very tight SL for small downside big upside.
SL 1.13256

Trade closed manually

Not getting a breakout. price action came very close to SL. Will close trade and look for another opportunity.

Comment

As anticipated a strong pull back to the 4 hr trend line occurred.
Look for a break of the 1 hour trend line with a small correction for further down.
A break and close above the blue line will indicate the down move is over and we are starting a larger correction.

Comment

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nahidik
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