Flag forming above longterm trend line break.

2 déc. 2019

As this flag forms, I give a higher probability that it breaks up and continues toward 1.3275. If this were to break lower, we could see a test of the long term trend line (green line).

3 déc. 2019

Trade fermée: cible de profit atteinte

Closing out here as the "Easy Money" is made. From here we need to break the high from Oct 21 and if that happens we will see another pop higher. There is a good chance we retest the flag. If we do retest the top of the flag, I may look to start a small position long and look for it to then take out the Oct 21 high.