After witnessing a break through on the daily/weekly bullish flag pattern we only seek to look for buy opportunities.
The break out of the bigger picture time frame was followed by a lower time frame retracement in the form of a bullish flag pattern.
Entry taken upon the third touch confirmation within the bullish flag pattern followed by a 4hr bullish engulfing candle indication of market signalling a good Buy/long opportunity.
The break out of the bigger picture time frame was followed by a lower time frame retracement in the form of a bullish flag pattern.
Entry taken upon the third touch confirmation within the bullish flag pattern followed by a 4hr bullish engulfing candle indication of market signalling a good Buy/long opportunity.
Trade active:
19/08/19 - Trade is active and currently in 100pip profit, stop loss brought to break even. Now playing with house money!
Trade closed: target reached:
First target point reached, will await for re-entry in the form of a 3 touch flag part on 15min before confirmation for more upside. Well done of those who took this trade!