Eurusd
What is a flag?
You may know and heard about range zone where price move between
A clear sell and buy zone .This area create a flag.this flag is for a reason?
There is smaller peace of tiny flag inside each on .
Each one has buy and sell orders located in different lyer that should lead price to its own target.
In this chart you can clearly see a red flag keep price down
Lead it to its short term target.
Then a group of other traders -here buyers cleared all orders of red flag and now there is a blue one that should keep price up and lead it to its short term target.
Lets see if analyz is correct .
Good luck new traders
You may know and heard about range zone where price move between
A clear sell and buy zone .This area create a flag.this flag is for a reason?
There is smaller peace of tiny flag inside each on .
Each one has buy and sell orders located in different lyer that should lead price to its own target.
In this chart you can clearly see a red flag keep price down
Lead it to its short term target.
Then a group of other traders -here buyers cleared all orders of red flag and now there is a blue one that should keep price up and lead it to its short term target.
Lets see if analyz is correct .
Good luck new traders
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.