JoeFlahive

Daily chart bearish flag

Short
JoeFlahive Updated   
FX:AUDUSD   Australian Dollar / U.S. Dollar
The October fakeout has brought this pair back to reality. We now have a nice bearish flag consolidating below major resistance. Straight forward but as always trade with care!
Trade closed: target reached:
Taking half profits here. Look for 0.71450 area on 2nd half. Move stop to break even. Well done all!
Comment:
For those that are still in this make sure you have a break even in place. You should have at least bagged the first 1/2 and if you were inpatient like me the 1/2 was also taken near 0.71450. Cheers!
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.