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Fxprotrader
Aug 24, 2016 5:15 AM

EURAUD: High Probability Buy Setup Long

Euro Fx/Australian DollarFXCM

Description

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