Blackwood_fx

AUD/USD Break To The Upside!

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
In my last post on the same pair we looked at a wedge pattern forming with a short term bearish move. Moving to a higher time frame (4h) you can see a flag pattern forming which can indicate a long breakout.

Im in this pair at .7250 and my TP1 is .7450, I know I should have waited until PA breaks the wedge but I am confident about the long play, lets see how she pans out.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.