The price bounces from the uptrend line and the cloud. Also a flag chart pattern tells us about possible upward movement. If the price breaks the resistance line of the flag pattern, we’ll get a buy signal. Place pending orders at 0.043000 level and stop orders at 0.036000 level. Profit targets are 0.050000 and 0.056000 levels. If the price drops below the support line of the flag, it won’t be realized as a continuation chart pattern. It will be a new signal of downward movement. We’ll have to delete buy orders and wait for new trading opportunities. If you don’t […]
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