Bullish Flag Breakout?

Jul 16

If price closes above outside the bullish flag, I will take a long trade up to the grey resistance zone for a 1:2.5 RR.

Jul 16

Note

The upper bound of the bullish flag is acting as a resistance. I will wait for a M15 close above 1.162 before going long, and SL can be tightened to the latest higher low to increase RR.

Jul 16

Trade closed: stop reached

Trade P/L: -20 pips / -100%~