Interested in seeing if this ascending flag with break and reverse trend. A flag is only a continuation pattern if the the flag forms angle that is OPPOSITE to the existing trend. Lets see what happens. Will enter at break 110.389 with TP @ 108.511 then trail my stop
Trade active:
Woke up to a nice breakout...trade entry activated & added 2nd position at 110.266
Comment:
2nd TP 107.041
Comment:
TP 1 hit and closed...
letting 2nd position continue to run.
letting 2nd position continue to run.
Trade closed: target reached:
@108.511
Trade active:
for position 2 ... no official tp target but moved SL to breakeven
Trade closed manually:
took profits at 117.883 ..will re-enter after pullback
Trade active:
Jumped back in at (1) 107.536 TP 105.280 (2) 107.605 TP (Trailing stop)
Comment:
took profits and trailing stop... awaiting break of 107 to add to position.
Trade closed manually:
closed 2nd position ..took profits at 107.51