Price trading with a bearish flag pattern, together with the Yen's bullishness across the board, allows the setup of a short order to capture the breakout of the flag and create the next leg of the downtrend movement.
The order:
Type: sell-stop
S/L: 45 pips - R:R | 1:2.4 -
T/P: aiming towards previous swing high level
--
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The order:
Type: sell-stop
S/L: 45 pips - R:R | 1:2.4 -
T/P: aiming towards previous swing high level
--
*** If you like the idea, don't be shy, click on like and comment. If you do not agree, just comment ;-) | Thanks for your support!!! ***
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