• If price impulses up above our rayline, it does so in a convincing manner and a tight flag forms, then I'll be looking to get long with either a reduced risk entry on the break of the flag or a risk entry within it.
• If my entry requirements are not met then I will simply wait until another setup which meets my plan materialises.
• If there's any ambiguity then I will not place a trade on this pair.
Great technical analysis, today economic news on cad can give the first impulsive leg, then we wait for a correction to occur before setting for structure to materialize.