MaryJane
Long

Is this Flag a Bullttrap or a real Trend-Break?

FX:EURUSD   Euro Fx/U.S. Dollar
956 6 36
Yesterdays trading sesseion blow away the downtrend. Now the pair is consolidating at a high Level and so is forming a bullish flag .
as Long as we do not reenter the downtrend and are trading above 1.1233 the Chart seems very bullish for me.
1.1233 flag bottom -1.1265 flag upper edge -1.121 (0.5 fibo/trendline)
Levels to watch:

Comments are Welcome!

Regards Mary
Comment: still explosive !
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Trade active:
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Comment: for a pure bo-scalp -these pips would be enough!! :-) Cheers!
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Comment: 300 pips for breakfast are really fine..
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Comment: reached tp1
Comment: nearly 600 pips! jeahh!!
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enough is enough
I hope it never stop going up :P
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MaryJane Ifti367
trust me -that will not happen ;-)
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Ifti367 MaryJane
I know :(, was just a wish sort of like genie in the lamp :P
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I like it! Haha! Lol
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It looks like there is buyers who know what Draghi gonna say today?? :)
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Let's hope its a real trend break. That makes life easier on the long side for the rest of the trades :)
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