AUD / NZD - Nice flag pattern trend continuation - LONG
Lovely flag has developed, I've done well out of these, working 70% of the time (see link below for more details on entry). We have some strength in the Aussie and weakness in the Kiwi, so this pattern signafies a continuation of that. The flag-pole length is our target, which happens to be the 61.5% fib level
Note
This pattern is now invalid, the flag has dropped below 50% fib. Will the trade continue on to the target, we shall weight and see.Trade active
16/05/2018 - 21:55 - 1.08977
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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.