Option 1. GREEN
Price has been moving to the downside for some time and I am looking ideally to take a buy position at the lower trend line. Price could just move correctively and then push up, form a flag from which I would then be taking a position on the 1HTF.
Option 2. ORANGE
Price could retrace from here, form a bull flag which I would take to the...
Option 1. GREEN
Ideally we are looking for perfection and for price to hit the top of the trend line with a hover and then look to sell to the downside.
Option 2.
Price retraces, forms bear flag which I am happy to take, if price then hovers on the lower trend line then I will potentially also scale to take price further to the downside to the start of the...
First post here so any feedback most welcome. There will be a much better understanding of where price is likely to go in the first couple of days this week.
GREEN - Ideal Set Up
RED - Secondary Set Up
1 (Green).
We form a bull flag just above the current double top area to continue to the upside as we have seen over the last few weeks. If this happens...
