Price has some up to previous resistance zone. We have a bearish engulfing candle at the hours close and its respecting the downward trendline. Take profits at next level of resisistance/support.
Take Profit: 40 Pips
Stop Loss: 36 Pips
Take Profit: 40 Pips
Stop Loss: 36 Pips
Trade closed: stop reached
This turned into a flag pattern. I was in profit about 5-7 pips. When I saw this forming i should have moved my stops to break even.. =(
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.