Looking for break of flag range
GBPCAD has a nice head n shoulder on the 4H with a right shoulder drop into an accumulation period flag. I will be looking for a short opportunity around 1.7655 or a break below the range with a retest entry for a safer sell confirmation.
Top of Range Short Entry
SL: 1.7900
Entry: around 1.7655
TP1: 1.7000
TP2: 1.6500
TP3: 1.6250
Break of flag lower entry
SL: TBA
ENTRY: TBA
TP1: 1.6500
TP2: 1.6250
Top of Range Short Entry
SL: 1.7900
Entry: around 1.7655
TP1: 1.7000
TP2: 1.6500
TP3: 1.6250
Break of flag lower entry
SL: TBA
ENTRY: TBA
TP1: 1.6500
TP2: 1.6250
Komen:
I will be looking for any short opportunity in the meantime but i believe they might tag the top again before going down long term. Better to play it safe. Buy low sell high ;P
Komen:
Approaching top of range