The price approaching the top of higher TF structure correctively. When it is reaching the top of the structure combined with double top area (inflection point), the price got rejected and fall impulsively. Now the price is forming a bearish continuation pattern. I will take this trade when the price is breaking this bearish continuation flag with sl above the flag. Good Luck
Handel aktiv:
The price break the bear flag now. Short trade active with 45 pips sl at 1.18500
Trade stängt manuellt:
Manual close at bep after retrace impulsively back to entry area...