AUDNZD Bull Flag

Seems like a solid bull flag here, which i will trade if a see a real breakout, not any sooner than than.


Previous analysis

Comment:

3 H&S patterns in a row, making nr 4 now?

Comment:

And there is the breakout and squeeze finally. Now we can move stops to entry.

I am going to take 25% profit, just locking in some profit so i buy dinner for my wife :)

Now depending on how the move goes from now on, i might keep a size (after reaching the target) for a bigger swing trade, as you can see in that possible fractal and the chart above, making it a long term trade

Comment:

I am going to take another 25% off at the target and i will let the remaining run to follow that possible fractal