AUD / NZD - Nice flag pattern trend continuation - LONG

Lovely flag has developed, I've done well out of these, working 70% of the time (see link below for more details on entry). We have some strength in the Aussie and weakness in the Kiwi, so this pattern signafies a continuation of that. The flag-pole length is our target, which happens to be the 61.5% fib level

Kommentar:

This pattern is now invalid, the flag has dropped below 50% fib. Will the trade continue on to the target, we shall weight and see.

Trade ist aktiv:

16/05/2018 - 21:55 - 1.08977