AUDUSD Bear Flag Developing on the 1hr Chart? Short

Australian Dollar/U.S. DollarFXCM

Description

⋅ Jul 5, 2017 5:06 AM

Watching for a break to the downside of this potential bear flag forming on the 1 hr AUDUSD chart. This tight channel might provide some short-term trading opportunities in the meantime for those who like to take small profits more frequently.

This is just an idea. It is not trading advice.