We have a bearish Flag formation, please wait for a clear breakout to the downside, which means always wait for a close of the Candle! do not execute in a Candle session alsways wait for its close! We should then see the market falling down to the end of the Blue error.
STOPS:
Plase your stopls like on the left side of the Chart, just in this case above the previous highs, because we are expecting a move to the downside!
TAKE PROFIT:
Again, the finally area for our last Take Profit is in the area where the blue arrow ends. Nevertheless I highly reccomend to take a part of your profits, when market moved halfway in your favor direction!
STOPS:
Plase your stopls like on the left side of the Chart, just in this case above the previous highs, because we are expecting a move to the downside!
TAKE PROFIT:
Again, the finally area for our last Take Profit is in the area where the blue arrow ends. Nevertheless I highly reccomend to take a part of your profits, when market moved halfway in your favor direction!
Order cancelled:
market broke the channel to the upside no flag formation anymore!