This is a perfect example of a continuation flag entry on EU that was taken earlier this month.
The fact that it was the first flag after a 1hr trend change, as well as also being the first flag out of a descending channel Means that this was a high probability trade.
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.