Nice Bull flag on 4h. at a yearly pivot support.. buy is only triggered at break of this flag. target is up at .270 for 290 pips or so. be careful at the current top for resistance - may take partial profit here and definitely at break even on your stop loss. Happy Trading! ..and lets see if it happens!
Trade active:
stops to BE.. be wary.. this may be a pull back for a C wave down.. I am likely to TP at the previous high as I re-looked at structure over weekend and looking for one more down..
Comment:
we are taking partial profits here, moving stops to below last flag .. momentum waning and about to retest previous top we noted. at the outset.. letting 1/3 run in case it goes , but if we get stopped out.. will be in profit anyway.. great trade!
Trade closed manually:
we are now looking for downside.. pull back to trendline on daily..