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EagleTrades
Oct 18, 2014 1:50 AM

Trade 2: GBPAUD Bullish Flag Long

British Pound/Australian DollarFXCM

Description

After the strong rally the price has entered a phase of consolidation that could be a bullish flag pattern. That consolidation comes after a break of the longer term falling wedge formation. I expect price to resume that strong up wave.
Comments
Technician
Hard luck on this one
Technician
Nice one, was very close to stop.
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