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GenesisCTY
Jan 6, 2017 2:16 AM

AUDNZD: Trendline Break + Flag Pattern = Easy Game! 7:1 RR Long

Australian Dollar/New Zealand DollarFXCM

Description

Greetings my comrades!~

My initial entry on a regular pullback has somewhat evolved into a Flag Pattern! No matter, its still a bullish pattern!

Using the 161.8 and 261.8 Fib level, I found two possible TPs that you can use! I'm personally going aggressive on this one since the confluence favors it, but I'm still keeping my risk small

Good luck trading my friends!

Trade active

Price has broken out of its consolidation! Hope it keeps going up!!

Trade closed: target reached

1st Target profit reached! :))
Comments
tipua411
Thanks For Sharing
Keep up it
Have a nice Day
GenesisCTY
@tipua411, Haha I hope it helps you! :) you have a nice day too!
jojofang0901
Nice trade setup up on the break out, thank you for sharing. I have similar idea as well.
GenesisCTY
@jojofang0901, Haha nice! I guess great minds think alike! :)
jojofang0901
@GenesisCTY, For sure. Keep up the good work.
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