Could be an ABCD pattern. Let's exploit it!
Entry just above previous lows, stop loss bellow point A, target at D.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
First, let's start by saying that any ideas expressed here should not be taken as trading advice.
Fundamentally, three things I want to highlight here:
1. Significant monetary policy still needed to spur inflation for the eurozone economy
2. Talks of more interest rate hike for U.S.
3. EU and Italy budget drama continues
Technically speaking, the gap will ...
I'm waiting for M15 Chart confirmation at the bottom of my flag I'm looking for a long opportunity,
If that doesn't happen and market break through it, I will wait for a long opportunity as long price didn't hit D before that happens.
Will update my inner-circle on this