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abbas374

EURTRY-1HR-TF-BULL FLAG PATTREN

Long
Euro / Turkish Lira (FX:EURTRY)  
abbas374  
FX:EURTRY   Euro / Turkish Lira
Trend Analysis Harmonic Patterns Chart Patterns
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trendanalysis harmonicpatterns chartpattern
The bull flag pattern is a continuation chart pattern that facilitates an extension of the uptrend. The price action consolidates within the two parallel trend lines in the opposite direction of the uptrend, before breaking out and continuing the uptrend. No sign of divergence so, we can easily rely on bull flag continuation pattren. Dow theory and reversal patterns will not play its role.

BUY STOP VALUES:

EP: 20.82517
SL: 20.42477

TP1 = 21.282917
TP2 = 21.68317

RISK @ 2%
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