Impulse and Flag

Same setup as previous analysis. The prior trade went for 10 pips in profit however the market seem to create a larger flag. The market broke TL with strong momentum and MACD crossover seems to be stronger as well.

Note: looking at Renko, the market retested the previous resistance as support and printed a brick w/ a wick.
FlagTrend Lines

Отказ от ответственности