Looking for a rapid move towards 0.7150 resistance. Price just broke this multiday trendline and is creating a flag pattern on the lower timeframes (5min, 1min). I am placing a tight 7 pip stop at 0.7105 and looking for 0.7140/50 as a target.
Note
Got stopped out on my first attempt -7 pips. Reentered now 18:06GMT @ 0.7109 with a 10 pip stop @ 0.7099.
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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.