Back to Back: Another flag pattern on EURUSD
Updated
Hi traders,
i won't be long in this explanation for the background of this trading opportunity is the same of my previouos eurusd analysis.
The bottom line is that we are now looking for simple patterns to go short.
This flag pattern for my view has been broken right now. The last red candle had closed below an important psychological number (1,0400).
My position would be divided in two parts as shown on the chart above.
If you have any comment or suggestion, please fill the comment section below.
Otherwise, see you in the next chart!
i won't be long in this explanation for the background of this trading opportunity is the same of my previouos eurusd analysis.
The bottom line is that we are now looking for simple patterns to go short.
This flag pattern for my view has been broken right now. The last red candle had closed below an important psychological number (1,0400).
My position would be divided in two parts as shown on the chart above.
If you have any comment or suggestion, please fill the comment section below.
Otherwise, see you in the next chart!
Trade active
Note
If you're not involved yet, here is another reason for entry at better level: 2618 at market!Trade closed: stop reached
-26 pips
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