Bullish flag on horizon, let's try to catch the trade. Setup:
- entry at lower border of flag (0.0577)
- stop loss just bellow 61.8 Fib at 0.0569
For target we have junction of several points of interest:
- length of the flag's pole
- 1.618 Fib extension of the last rise
- psychological resistance at 0.06
For now I will target just bellow 0.06.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
- entry at lower border of flag (0.0577)
- stop loss just bellow 61.8 Fib at 0.0569
For target we have junction of several points of interest:
- length of the flag's pole
- 1.618 Fib extension of the last rise
- psychological resistance at 0.06
For now I will target just bellow 0.06.
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Komentar:
Optional entry in case of breakout.
Order dibatalkan:
I don't like the formation anymore ...