I think that flag on H4 is broken and it's a good time to buy. As this correction reaches only 38.2 of fibo retracement I think it will strongly move up.
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Trade closed: stop reached
Comment:
But the possibility to go up is still in force, so you may open buy order with SL at 106.55. TP is the same as it is shown on the chart.
Comment:
If you opened a buy order then I recommed to close it. Your should have a good profit +55 pips.
