Hi Traders looks like we have an up trend,with that up trend comes waves so we have our (1)(2)(3) motive waves formed with the (4)th wave in play, entries for the 5th wave would be made around this zone,so we look at candle stick patterns to see any bullish sign once we have a list of positive and negative factors written down the trade will be valid, expectation bullish engulfing close above the resistance line of the flag pattern will make this set up very interesting..Price has to keep trading above the 25 & 50 EMA'S
Trade closed: stop reached