USDCNH LONG Flag pattern
Here are few points i am looking for this trade
1. Inverted head and shoulder pattern is formed
2. Price start to consolidate into the major resistant level (neckline)
3. Rising support in when price consolidating (buyer taking control )
4.Nice flag pattern for us to trade /weak pattern
5.We need to see a strong bull bar to entry this trade (momemtum bar)
6. Target (2 times flag pole )
1. Inverted head and shoulder pattern is formed
2. Price start to consolidate into the major resistant level (neckline)
3. Rising support in when price consolidating (buyer taking control )
4.Nice flag pattern for us to trade /weak pattern
5.We need to see a strong bull bar to entry this trade (momemtum bar)
6. Target (2 times flag pole )
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.