TradingView
botje11
Dec 13, 2018 3:13 PM

AUDNZD Bull Flag Long

Australian Dollar/New Zealand DollarFXCM

Description

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

Comments
jandittme
@botje11

I am sure you have been asked that question many times, but could you tell me where you trade forex?

As always, thanks for the great work!
botje11
@jandittme, there are so many brokers. Me and my members are actually trying to pick a broker to work with, for copy trading (me). Join my groups, their still free to try. You can find more info in my channel about it.
Gerrit2500
Great analysis botje!!
Safe_Signal
Nice idea bro. How do you think about this idea?
More