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AndriyMoraru

Bullish Flag on GBP/AUD @ D1

Long
British Pound / Australian Dollar (FX:GBPAUD)  
AndriyMoraru Updated   
FX:GBPAUD   British Pound / Australian Dollar
Flag breakout
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flagpattern breakout
A bullish flag has formed on the D1 chart of GBP/AUD. It offers a buy breakout opportunity for trading. The flag's borders and its pole are marked with the yellow lines. My potential entry level is marked with the cyan line. My potential take-profit level is marked with the green line. I will set my stop-loss to the low of the breakout candle (not shown on the chart).
Order cancelled:
Setup cancelled due to the pattern invalidation.
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