As predicted, price broke the flag and retraced back around to the 23ema area.
Zooming into the 5min chart, we can see that price retraced to 61.8% fibs which happens to be a 00 level.
Entry was taken at 1.4592 with a stop loss of 1.4612 (20pips). And using fib expansion, TP @ 1.4532 (60pips)
Entry criteria:
1) Broke flag and retraced
2) Retraced to 61.8% fibs + 00 level on 5min chart
3) Doji candle at that level on 5min chart
Exit criteria:
1) 20pips stop loss
2) Fib expansion of 61.8%
Total: +60pips
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