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BoonHooi
May 27, 2016 1:10 AM

Bullish on AUDNZD, moving up from down under.  Long

Australian Dollar/New Zealand DollarFXCM

Description

Inspired by a trade shared by one of our students @HongWang in our Inner Circle

The reasons I am bullish on the AUDNZD are because:
- completed a bullish Bat pattern on the daily
- chart pattern traders would have seen the falling wedge formation, it has broken above
- and now a smaller bullish flag formation

I am looking to go long

Comment

The bullish flag seems to be dragging on too long. Potential level to go long at the bottom of a flag at 1.0675
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