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DwayneWilson
Sep 9, 2019 2:19 PM

Impulse & Flag Long

Euro Fx/U.S. DollarFXCM

Description

Market reached demand zone nearly completing a crab (harmonic) pattern. Market printed a bullish impulse followed by a bullish flag. The H4 MACD is bullish. I executed the trade on the TL break of the flag and H1 MACD crossover. SL set by nearest Renko brick w/ wick to reduce risk.

Note: the overall trend is bearish. I executed this trade for best position if the market reverses from the major zone.
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