Looking for a rapid move towards 0.7150 resistance. Price just broke this multiday trendline and is creating a flag pattern on the lower timeframes (5min, 1min). I am placing a tight 7 pip stop at 0.7105 and looking for 0.7140/50 as a target.
Comment:
Got stopped out on my first attempt -7 pips. Reentered now 18:06GMT @ 0.7109 with a 10 pip stop @ 0.7099.