Little 15 Minute Flag pattern, should move up the length of the Flag Pole (Impulse), minus the retracement. Short Term Bullish signal, will be looking for a possible reversal after TP.
Keeping stop pretty tight because I may be jumping the gun on this pattern and we could get one more small leg down within the flag itself before a low TF breakout.
Good Luck, Cheers.
Keeping stop pretty tight because I may be jumping the gun on this pattern and we could get one more small leg down within the flag itself before a low TF breakout.
Good Luck, Cheers.
Note
I was hoping we would have a smooth ride but prepare for some possible turbulence. Please if you are following this trade, place your Stop Loss above your entry to AT LEAST cover the spread, so if/when it drops you break even at worst.Thanks.
Trade closed: target reached
ANOTHER TP SMASHED! =)Disclaimer
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Disclaimer
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.