Fxprotrader
Long

EURAUD: High Probability Buy Setup

FX:EURAUD   Euro / Australian Dollar
Price has broken above a key level and it's now consolidating forming a flag pattern . A breakout above this correction will signal a buy setup with potential profit target the upper parallel of a downslope median line . Another way to trade this setup is to wait for price to keep consolidating and reach the previous broken level.

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snapshot

AT LAST IT BROKE
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SL triggered!
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Great Analysis Mate...I am expecting the same move towards the upside most likely.
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Thank you :) Glad to read you have the same view :)
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