I recently went long on this pair with an entry @ 1.03118 with 2 positions. Sold one at TP2. Looking to re-enter and go long at the pullback around 1.04360. I expect some degree of consolidation before resuming its rally again.
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Good hedge for intraday
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Trade the breakout of flag pattern
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Horizontal levels drawn as guide
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Buy limit on chart
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Buy limit @ 1.05090 filled
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SL for 2nd position moved to b/e (1.05090)
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This pair has rallied again - creating a new swing high