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ChrisBaron
Jun 9, 2014 4:03 PM

GBPUSD Bullish Flag Long

British Pound/U.S. DollarFXCM

Description

Looking at a breakout of this flag pattern. I see a strong support level at 1.674 area so we may see that get restested first, this is my zone where I will be watching for bullish price action. First target would be 1.70 area for the double top, second will be 1.71. Stops will need to be around 1.665, however I enter at market when I get a price action signal at my key zones so my entry / stop may end up being completely different to what I just stated..you get the idea though.
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