CADJPY: Looking to buy the breakout!
I am looking to buy the breakout of this structure to the upside.
We have a nice curve pattern acting like a resistance and price is currently developing in a bullish flag.
I will only consider buying the pair whenever the price is beyond the curve and above the flag.
My 1st target will be the former resistance which stopped the price multiple times over the week.
In case it breaks to the downside my trade will be cancelled.
***Trade with care and at your own risk***
We have a nice curve pattern acting like a resistance and price is currently developing in a bullish flag.
I will only consider buying the pair whenever the price is beyond the curve and above the flag.
My 1st target will be the former resistance which stopped the price multiple times over the week.
In case it breaks to the downside my trade will be cancelled.
***Trade with care and at your own risk***
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ความคิดเห็น:
Too bad I missed this very good entry ;-)
Broke the curve + flag, check it out !